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Gold advanced, as traders weighed prospects for a deal to reopen the Strait of Hormuz while awaiting US inflation data for clues on the Federal Reserve’s interest-rate path.
Pacific Investment Management Co. says market anxiety about the inflation-fighting credentials of the Federal Reserve is overdone and that US bond yields at current levels look attractive.
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European stocks steady ahead of US inflation data; geopolitical risks in focus Reuters
Marc Seidner, CIO for non-traditional strategies at Pimco, discusses the outlook for inflation, the US economy and Federal Reserve policy. "We're much less fussed about about the inflation outlook on a forward-looking basis than I think many in the market," Seidner tells Bloomberg Television. (Sourc
After seeing a video of Mark Zuckerberg sparring with a UFC champion on a barge in the middle of Lake Tahoe, you might be inclined to dismiss his man-of-the-people essay published on Monday morning. In it, he tries to position his company — which is paying out hundreds of millions of dollars in dama
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Canadian dollar hits two-month high as oil prices rise Reuters
Rakuten Group Inc.’s shares sank the most in over two years after the Japanese e-commerce pioneer failed to erase persisting losses at its mobile unit.
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Oil rises as doubts over US-Iran deal heighten supply concerns Reuters
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Oil, gold prices rise as geopolitical tensions mount before CPI Reuters
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Chuck Schumer calls for full account of operation to protect president from alleged Iranian assassination threat