Tag Archives: Markets

Billionaire investor Ray Dalio warns that an ongoing ‘capital war’ between the US and China could destroy the dollar and wreak havoc on the US economy.

Legendary hedge fund manager Ray Dalio said the stability of the US dollar is threatened as tensions between Beijing and Washington could lead to a “capital war.” In an interview with Fox Business, Dalio said that if the US government prohibits investments in China or withholds payments on Chinese debt …

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Gold prices could top $ 2,000 this year, analysts say

Gold prices could rise beyond the $ 2,000 level this year, as economic and geopolitical uncertainties lead to a race for safer assets, analysts predicted. On Monday morning during Asian hours, spot gold jumped to record levels, trading at $ 1,931.11 per ounce after previously rising to $ 1,943.92 per …

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Asian stocks trade mainly higher as China’s June industrial gains soar

Most Asian markets traded higher on Monday morning as investors continue to watch developments on issues like the coronavirus pandemic. Shares in Taiwan led gains among the region’s major markets, as Taiex soared 2.69%, and Taiwan Semiconductor Manufacturing Company shares rose nearly 10%. South Korea’s Kospi also saw robust gains …

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