Information

  • Jan 05, 2025

Gold Extends Drop After Fed Officials Express Inflation Concern

(Bloomberg) -- Gold fell for a second day as comments from Federal Reserve officials over the weekend reinforced the view the US central bank will take a more cautious approach to cutting rates in 2025. Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysDon’t Shrink the BusCan American Drivers Learn to Love Roundabouts?Bullion traded near $2,630 an ounce after

  • Jan 05, 2025

Exclusive-Chinese exchanges ask big fund managers to restrict stock selling, sources say

China's main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources familiar with the matter said, as authorities sought to calm markets heading into a tricky period for the world's second-largest economy. At least four large mutual funds received calls from the Shanghai and Shenzhen stock exchanges on Dec. 31 and Jan. 2 and 3, asking them to buy more stocks than they sold each day. The guidance came as Chinese stocks kicked off 2025 with deep losses on worries that incoming U.S. President Donald Trump would impose hefty tariffs on Chinese goods, heaping more pressure on an already sluggish economy.

  • Jan 05, 2025

Israel Set to Hold Rates With War Fueling Inflation Pressures

(Bloomberg) -- Israel will probably hold interest rates for an eighth consecutive time, as the central bank anticipates more inflationary pressure stemming from a multi-front war against Iran-backed militias.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDon’t Shrink the BusThe Bank of Israel

Popular Post