LONDON (Reuters) – The abrupt closure of the Chinese consulate in Houston marks the latest incident in a rapidly escalating conflict between China and the United States. FILE PHOTO: The flags of China, the United States, and the Chinese Communist Party are displayed at a flag stand at the Yiwu …
Read More »Tensions between the United States and China affected the actions; gold and silver soar
LONDON / SINGAPORE (Reuters) – The euro traded to an 18-month high on Wednesday as financial markets continued to bask in the glow of the EU funds recovery agreement, while a boom in precious metals led to recent gains in the silver at 20% and gold at a maximum of …
Read More »Global cases of coronavirus exceed 15 million: Reuters count
SYDNEY / LONDON (Reuters) – Global coronavirus infections rose more than 15 million on Wednesday, according to a Reuters count, with the pace of the pandemic even as countries remain divided in their response to the crisis. FILE PHOTO: Emergency medical technicians clean their supplies outside Memorial West Hospital, where …
Read More »The euro remains high as investors bet that the recovery hinders the dollar, stocks rise
SINGAPORE / NEW YORK (Reuters) – The euro remained at its highest point in 18 months, silver soared and commodities advanced on Wednesday as hopes of economic recovery pushed up bets on a recovery in global demand and the fall of the US dollar. FILE PHOTO: A security guard wearing …
Read More »EU recovery fund sends shares, euros to four-month highs
LONDON (Reuters) – Global equities and the euro reached their strongest levels since March on Tuesday after European Union leaders sealed a post-pandemic stimulus plan of € 750 billion ($ 857 billion) after of a five-day marathon. FILE PHOTO: People pass the offices of the London Stock Exchange Group in …
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