Gold and oil suffer, while Bitcoin and equities rally Minority government in Japan, BoJ mini-minutes unsurprising Euro under pressure as Germany gets closer to snap election Trump Prepares to Take...
Investors Lose Faith in Gold Gold (XAU/USD) declined by 0.82% on Friday. The outcome of the US presidential election negatively affected the precious metal as investors shifted investments towards...
Last week ended on a very positive note for the US equity markets. All major indices rallied, the S&P 500 notched its best week in more than a year and topped the 6000 level for the first time in...
This weekend, we will examine some of the long-term market cycles across various assets to help set the stage for the coming months as we begin to look toward 2025. All charts below come from...
Most traders wait for a pullback to enter. I don’t. Instead, I focus on timing my entries in specific trading windows for the Asia and New York sessions. Why? Because I want momentum on my side. In...
What if the inflation problem has not actually been effectively addressed? It could have important implications for not only monetary but fiscal policy in the near future. This may be one reason...
(Bloomberg) -- Australia faces the threat of short-term economic pain in the form of reduced output and further inflation pressures as a result of incoming US President Donald Trump’s policy agenda, according to Treasurer Jim Chalmers.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, Immigra
WASHINGTON (Reuters) -Widespread deportation of foreign-born workers from the United States probably would disrupt some businesses, but the impact on inflation and the broad economy would depend on the details, Minneapolis Federal Reserve President Neel Kashkari said on Sunday. Kashkari, appearing on the CBS program "Face the Nation," offered his views on the economic impact of U.S. President-elect Donald Trump's campaign promise to deport immigrants who are in the United States unlawfully. "If you just assume people are working - either working in farms or working in factories - and those businesses now lose employees, that would probably cause some disruption," Kashkari said.
On Thursday, Powell was asked if he would resign if President-elect Donald Trump demanded it, and Powell simply replied “no.”
About half of Donald Trump's voters cited high prices as the biggest issue affecting their vote. But they may have been blaming the wrong culprit.