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The increasing strength of the dollar represents a threat to the stability of emerging economies, the Bank for International Settlements (BIS), a global financial watchdog has warned. At the same time, the bank is being positive about oil...
The Australian share market has started the week in a positive mood, with strong gains for airlines and the major banks offsetting losses by the mining and energy sectors. The All Ordinaries index closed up 35 points at 5,349 and the ASX 200 rose 37 points or 0...
Gold after U.S. employment data was lose its price second day. Those data was supported the dollar, but gold fell as much as 0.4 percent to $1,187.27 an ounce, and traded at $1,194.50 now...
The majority of emerging-market stocks dipped, as declines by technology and consumer companies overshadowed a rally by Chinese shares. About three stocks fell for every two that rose on the MSCI Emerging Markets Index, which slid less than 0.1 percent to 985.32 at 2:24 p.m...
In November, the U.S. Labor Department’s diffusion index, which measures the breadth of industries expanding their payrolls, climbed to 69.7 - the highest level since January 1998. A level above 50 percent indicates more industries are hiring than firing...
The U.S. trade deficit edged down 0.4 percent to $43.4 billion, a drop from a revised $43.6 billion in September, the Commerce Department reported Friday. Exports climbed 1.2 percent to $197.5 billion, recovering after a September dip. Imports were up as well, rising 0...
Emerging-market stocks declined after U.S. payrolls data, while Russian government bonds were poised for the worst week since 2009 amid speculation interest rates will rise. The Russian currency climbed...
The yen was flat and the Aussie dipped on Friday in early Asia with the focus on key U.S. jobs data ahead. The euro was almost unchanged against the U.S...
In last week's Swiss gold referendum, roughly 78% voted against expanding central bank gold reserves to 20% of central bank assets from the current 7%, as Forbes reports...
Gold raised as higher energy prices pressed concern that inflation will remain low and spurred demand for the precious metal as a store of value. Weaker gold prices are incentivizing demand in Asia, with Shanghai trading in the metal hitting last year's record...