Metals News
-
In advance of today's CPI and Real Earnings releases, BLS inadvertently loaded a subset of files to the website approximately 30 minutes prior to the release. BLS has alerted the Office of Management and Budget and DOL's Office of the Inspector General of the incident. BLS takes its data security seriously and is conducting a full investigation into its ...
-
Senator Bob Menendez’s bribery trial began Wednesday with a US prosecutor telling jurors that the New Jersey Democrat took cash, gold bars and a luxury car from two businessmen to perform favors for them and corruptly help the Egyptian government. Menendez, the former chairman of the Senate Foreign Relations Committee, is also accused of illegally helping ...
-
There are certain names that echo down from the history of finance and economics. Adam Smith is one. Milton Friedman is another. So does the British economist John Maynard Keynes. Keynes’ was, and famously remains, an advocate of government deficit spending in a recession. It’s hard to imagine now how radical this position was in the decade before the ...
-
Japan’s economy shrank in the first quarter as consumers and companies cut spending, underscoring the fragile nature of the recovery and extending a dismal performance stretching back to last summer. Gross domestic product contracted at an annualized pace of 2% in the three months through March, the Cabinet Office said Thursday. Economists had forecast a ...
-
In advance of today's CPI and Real Earnings releases, BLS inadvertently loaded a subset of files to the website approximately 30 minutes prior to the release. BLS has alerted the Office of Management and Budget and DOL's Office of the Inspector General of the incident. BLS takes its data security seriously and is conducting a full investigation into its ...
-
post: CHINA-RUSSIA JOINT STATEMENT: CHINA AND RUSSIA (CORRECTED, NOT US) ARE TO DEEPEN MILITARY COOPERATION AND EXPAND JOINT DRILLS.
-
Japan’s economy shrank in the first quarter as consumers and companies cut spending, underscoring the fragile nature of the recovery and extending a dismal performance stretching ...
-
Russian President Vladimir Putin arrived in Beijing early on Thursday on the first foreign trip of his new term. Putin is due to meet his Chinese counterpart Xi Jinping as the two ...
-
The new tariffs on Chinese electric vehicles, semiconductors and medical supplies announced by the Biden administration on Tuesday raised questions for U.S. consumers and prompted ...
-
In trend terms, in April 2024: • unemployment rate remained at 4.0%. • participation rate remained at 66.7%. • employment increased to 14,289,600. • employment to population ratio ...
-
Euro area financial stability conditions have improved as recession risks decline, but markets remain exposed to possible adverse macro-financial and geopolitical surprises Tight ...
-
The GDP data released earlier today showed anything but a recovery, modest or otherwise: • Japan's annualised Q1 GDP -2.0% q/q (vs -1.5% expected)But, let's give Minister Shindo ...
-
Silver initially shot higher during the trading session on Wednesday but has given back quite a bit of the gains as we tried to break out. Ultimately, silver is a market that is highly manipulated, and you need to be aware of this. J.P. Morgan has spent millions paying off fines for doing exactly this, but when you make billions, that’s just the “cost of ...
-
video Buyers stepped up on Wednesday to help push the price of gold to a new trend high of 2,390. A bullish breakout triggered on the weekly chart on a move above last week’s high of 2,378. At the time of this writing the high of the day is 2,390. Today’s advance took gold back above a top channel line, which has been tested as resistance several times in ...
-
Gold prices hit an all-time high of $2,448.80/oz. on April 12, 2024, on the back of hotter-than-expected NFP, sticky inflation and rising geopolitical risk. These factors attracted inflow of funds as shown by increasing managed money long positions to around two-year high. Despite the pullback towards the end of the month as profit-taking and U.S. dollar ...