LONDON (Reuters) – European stocks rose slightly on Wednesday after mixed earnings reports, but the resurgence of COVID-19 cases kept investors cautious as they awaited news from the US Federal Reserve. FILE PHOTO: People pass the offices of the London Stock Exchange Group in the city of London, Great Britain, …
Read More »European stocks rise, but investors cautious ahead of Fed meeting
LONDON (Reuters) – European stocks rose slightly on Wednesday after mixed earnings reports, but the resurgence of COVID-19 cases kept investors cautious as they awaited news from the US Federal Reserve. FILE PHOTO: People pass the offices of the London Stock Exchange Group in the city of London, Great Britain, …
Read More »Saudi Arabia posts $ 29 billion deficit in Q2 due to falling oil revenues
DUBAI (Reuters) – Saudi Arabia registered a deficit of 109.2 billion riyals ($ 29.12 billion) in the second quarter of this year as low oil prices hurt revenue, a report by the Ministry of Finance released Tuesday. FILE PHOTO: A Saudi flag flies over the Saudi Arabian consulate in Istanbul, …
Read More »Gold peaks, more precious as the dollar loses value
SYDNEY (Reuters) – Gold hit record highs on Tuesday before the sheer size of its earnings sparked a profit-taking explosion, which in turn helped the dollar from two-year lows and curbed initial capital gains. FILE PHOTO: Gold bars are stacked in the safe deposit room of the Pro Aurum Gold …
Read More »Gold shoots up to $ 2,000 as Fed stimulus sinks the dollar
SYDNEY (Reuters) – Gold rocketed to record highs of $ 1,975 on Tuesday, while the US dollar fell to two-year lows as investors betting on the Federal Reserve would reaffirm its super easy political outlook this week, and a tolerance to higher inflation. FILE PHOTO: Gold bars are stacked in …
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