LONDON (Reuters) – Stock markets struggled for direction on Friday as investors worried about a lack of detail in the US Federal Reserve’s policy change, while Japanese markets were awakened when Prime Minister Shinzo Abe sacked for health reasons. FILE PHOTO: A pedestrian in the offices of the London Stock …
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Gold futures moved Thursday lower in volatile trading that saw prices in both directions up as much as 2%. Federal Reserve Chairman Jerome Powell announced changes to the central bank’s policy framework in a speech at the Jackson Hole Economic Symposium that were seen as offering a more accommodative monetary …
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Gold futures took a small gain on Friday to stop a third consecutive slide, but the advance of the precious metal for the day was not enough to prevent the first back-to-back weekly declines since the COVID-19 pandemic began in March . Experts say a resurgence in US dollar investors …
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NEW YORK (Reuters) – The dollar weakened and global stock markets fell on Thursday, even as the tech-heavy NASDAQ index hit a record high and overlooked the growing signs of prolonged economic weakness. Gold rose also in a sign of buying safe haven. FILE PHOTO: Signage is seen outside the …
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NEW YORK (Reuters) – The dollar weakened and global stock markets fell on Thursday, even as the tech-heavy NASDAQ index hit a record high and overlooked the growing signs of prolonged economic weakness. Gold rose also in a sign of buying safe haven. A stock trader checks his screens at …
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