[ad_1] Trump’s tariffs to remain in effect after court grants stay Gold wedding purchases in India cool (Updates for market closer) May 30 (Reuters) – Gold prices slipped on Friday as the dollar edged higher and markets digested the latest tariff developments, while a softer inflation report kept hopes for a U.S. rate cut alive….
[ad_1] Wall Street held gains on Thursday, largely shrugging off a decision by a federal appeals court late Thursday President Donald Trump’s tariffs. This came a day after a trade court blocked most of the U.S. president’s tariffs going into effect. The S&P 500 remained higher on the day after the appeals court headline. The…
[ad_1] – Gold prices slipped on Thursday to their lowest levels in more than a week after a U.S. federal court blocked President Donald Trump’s “reciprocal tariffs”, dampening the metal’s safe-haven allure, while a robust dollar put further pressure on bullion. Spot gold was down 0.6% at $3,271.17 an ounce, as of 0618 GMT, after…
[ad_1] Canadian dollar falls 0.2% against the greenback Extends pullback from a seven-month high Price of U.S. oil settles 1.6% higher Canada-U.S. 10-year spread widens 5.1 basis points TORONTO, May 28 (Reuters) – The Canadian dollar edged lower against its U.S. counterpart on Wednesday as recent U.S. economic data bolstered the appeal of the American…
[ad_1] Canadian dollar gains 1% against the greenback Touches its strongest since October 10 at 1.3712 Retail sales rise 0.8% in March 10-year yield eases 1.5 basis points to 3.360% TORONTO, May 23 (Reuters) – The Canadian dollar strengthened to a seven-month high against its U.S. counterpart on Friday as the greenback posted broad-based declines…
[ad_1] Canadian dollar falls 0.3% against the greenback Trades in a range of 1.3902 to 1.3984 Price of U.S. oil settles 0.8% lower Canada-U.S. 2-year spread widens to 145 basis points TORONTO, May 14 (Reuters) – The Canadian dollar edged lower against its U.S. counterpart on Wednesday as oil prices fell and interest rate spreads…
[ad_1] By SinĂ©ad Carew and Marc Jones NEW YORK/LONDON (Reuters) -Global equities were slightly higher on Thursday, with Wall Street outperforming, while the dollar and Treasury yields also gained after the United States and United Kingdom outlined a trade deal, fueling hopes for compromises with other countries. Cryptocurrencies were also bolstered by the U.S.-UK trade…
[ad_1] (This story has been refiled to say ‘unwinding,’ instead of ‘winding,’ in paragraph 4) NEW YORK (Reuters) -The U.S. dollar weakened against major currencies, including the yen and the euro, on Monday as markets weighed continued uncertainty from President Donald Trump’s tariff policies and their impact on the economy. The greenback slid to a…
[ad_1] April 25 – There is a much higher risk of stagflation than recession in the U.S. economy over the next year, while the asset class most expected to outperform in 2025 is cash, according to the results of a JPMorgan survey published on Friday. The trade war started by the U.S. administration of Donald…
[ad_1] By Chibuike Oguh and Yadarisa Shabong NEW YORK (Reuters) -The U.S. dollar edged higher against major currencies including the yen and the euro on Wednesday as data showed a slowdown in inflation although simmering trade tensions will continue to weigh on markets. A trade brinkmanship between the U.S. and its trading partners, spurred by…
