Golden rule: Why younger investors are drawn to gold
By Chris Taylor NEW YORK (Reuters) – What asset class do millennials and Gen Z investors both want to own? Here is an answer you may not have guessed: Gold.…
Price of China’s strategic germanium hits record high on possible state buying
BEIJING/SINGAPORE (Reuters) – Prices of germanium, a strategic metal key to chipmaking, hit a record high on Wednesday in top producer China, driven by speculation of possible state buying, industry…
Dollar edges higher; euro, sterling weaker ahead of ECB meeting
Investing.com – The U.S. dollar edged higher Thursday, while the euro slipped ahead of an ECB meeting and sterling dipped as U.K. wage growth slowed. At 04:00 ET (09:00 GMT),…
Yen rises amid intervention nerves; euro eyes ECB
By Tom Westbrook SINGAPORE (Reuters) -Japan’s yen scaled a six-week high on Thursday, spurring speculation of an official push, while traders waited on a European Central Bank meeting to direct…
Oil prices rise on bigger than expected drop in US crude stocks
By Paul Carsten LONDON (Reuters) -Oil prices extended gains on Thursday, buoyed by a bigger than expected decline in crude stocks in the United States, the world’s largest oil consumer.…
Yen spikes on intervention nerves, ECB in focus
By Tom Westbrook SINGAPORE (Reuters) -Japan’s yen scaled a six-week high on Thursday, spurring speculation of an official push, while the dollar nursed broad losses as markets prepared for U.S.…
Explainer-What are Japan’s tactics based on latest suspected intervention?
TOKYO (Reuters) – Japan is suspected to have intervened in the foreign exchange market to prop up the yen on several occasions this month, underscoring its discomfort over the pain…
Gold prices remain close to record highs as rate cut cheers persists
Investing.com– Gold prices rose in Asian trade on Thursday, remaining close to record highs as weakness in the dollar, amid increased bets on U.S. interest rate cuts, supported the yellow…
Yen spikes as spectre of intervention spooks investors
By Tom Westbrook SINGAPORE (Reuters) -Japan’s yen scaled a six-week high on Thursday, spurring speculation of an official push, while the dollar nursed broad losses as markets prepared for U.S.…
Asia FX flat amid US-China trade jitters; yen steady amid intervention chatter
Investing.com– Most Asian currencies tread water on Thursday amid concerns over stricter U.S. trade restrictions on China, while the Japanese yen steadied after strengthening sharply this week on suspected intervention. …
