There are 4 predominant forces at present driving US inventory markets forward of the elections – the unfold of Covid-19, the stimulus deal, the Fed’s coverage and the vote itself – says the top of a capital markets consultancy agency. ...
UBS advises buyers to place cash in gold as hedge in opposition to financial uncertainty
Posted By Russian Opinion. Under Economy Tags: advises, Against, economic, gold, Hedge, investors, Money, uncertainty
The current weak spot of gold represents a “nice entry level for buyers” forward of threat occasions such because the US election, stated UBS International Wealth Administration. ...
International traders proceed to pour money into China regardless of coronavirus uncertainty & tensions with US
Posted By Russian Opinion. Under Economy Tags: cash, China, continue, coronavirus, despite, Global, into, investors, pour, tensions, uncertainty
China attracted 84.1 billion yuan ($ 12.three billion) in international direct funding (FDI) final month – 18.7 % greater than a yr earlier – because the world’s second-largest economic system continues to rebound after the Covid-19 outbreak. ...
With the Pentagon reportedly set to shutter the US army’s long-running newspaper, President Donald Trump has stepped in to declare Stars and Stripes secure from closure. Nevertheless, that closure has been within the works for months. ...
India’s GDP to contract by over 16% in April-June amid pandemic uncertainty
Posted By Russian Opinion. Under Economy Tags: amid, AprilJune, contract, India's, over, pandemic, uncertainty
The world’s fifth-largest economic system, India, is anticipated to contract by 16.5 p.c in the course of the quarter masking April to June of the present fiscal 12 months, in response to a analysis report by the State Financial institution of India (SBI). ...
After struggling its worst month-to-month fall in a couple of decade, the US forex has began August with a bounce. Nevertheless, analysts predict additional weak spot within the dollar. ...
Gold continued its rally amid world pandemic uncertainty, with costs hitting new data to start out the week. The worth of steel for fast supply closed in on $ 2,000 an oz.. ...
The world’s hottest cryptocurrency, bitcoin, handed its key resistance stage on Monday, leaping above $ 10,000 per coin for the primary time since early June. ...
Chinese language financial exercise picks up regardless of international coronavirus uncertainty
Posted By Russian Opinion. Under Economy Tags: activity, Chinese, coronavirus, despite, economic, Global, picks, uncertainty
China’s manufacturing and providers sectors expanded in June, beating final month’s outcomes and economists’ expectations, however the coronavirus disaster nonetheless hinders financial restoration. ...
Oil costs slide amid OPEC+ manufacturing cuts assembly uncertainty
Posted By Russian Opinion. Under Economy Tags: amid, cuts, meeting, OPEC, prices, production, slide, uncertainty
Main world oil producers might nonetheless maintain a ministerial video convention this week if Iraq and different non-complying OPEC+ members promise to deepen their manufacturing cuts, Reuters reported on Thursday, citing its sources. ...
