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  • ECB's Fabio Panetta: 'I don’t think this is the time to be too hasty in raising interest rates'

    From lemonde.fr

    Is the European Central Bank (ECB) at a turning point? On Thursday, June 1, its president, Christine Lagarde, hinted for the first time that the sharp rise in interest rates might soon come to an end: "We are approaching our cruising altitude and we need to go up more gradually." You can share an article by clicking on the share icons at the top right of it. The total or partial reproduction of an article, without the prior written authorization of Le Monde, is strictly forbidden. For more information, see our Terms and Conditions. For all authorization requests, contact ... (full story)

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    Gold, copper see mild pullback as nonfarm payrolls data approaches

    From investing.com|Jun 2, 2023

    Gold and copper prices edged lower in Asian trade on Friday as markets hunkered down ahead of key nonfarm payrolls data for more cues on the U.S. economy, although both metals ...

    Base Metals Closed Mostly with Gains

    From news.metal.com|Jun 1, 2023

    LME and SHFE base metals closed mostly with gains overnight. Copper: LME copper closed at $8,231.5/mt last evening, a rise of 1.5%.Trading volume was 20,000 lots and open interest ...

    The Man Who Knows What the World’s Richest People Want (and How To Get It)

    From vice.com|Jun 1, 2023

    Rey Flemings likes to say that he is two degrees of separation from any significant gatekeeper in the world, one of a few reasons why he is so good at getting the richest people ...

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    Protests erupt as illegal miners remain in Ghana gold mine

    From mining-technology.com|Jun 2, 2023

    Protests have erupted in the mining town of Obuasi, Ghana, as up to 300 gold miners remain underground at an AngloGold Ashanti mine due to fear of arrest if they exit. Heavily ...

    Gold, Silver and Other Metals Gain in June Start

    From coinnews.net|Jun 2, 2023

    Precious metals made gains at the start of the new month on Thursday, with increases ranging from 0.7% for gold to 2.3% for palladium. Gold closed at a level not seen in more than ...

    China Stocks Rebound as Concerns Over Fed Rate Hike Ease

    From bnnbloomberg.ca|Jun 2, 2023

    Chinese stocks staged a sharp rebound as optimism that the Federal Reserve will pause interest-rate hikes in June helped rekindle risk sentiment. The Hang Seng China Enterprises ...

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  • Posted: Jun 2, 2023 12:53am
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    Category: Low Impact Breaking News
    Comments: 0  /  Views: 968
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    From @sevenloI|Jun 1, 2023
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