LONDON (Reuters) – Gold prices rose to their highest level in nearly eight years on Wednesday, as global stocks cooled as signs of a rally in coronavirus cases kept investors on edge. FILE PHOTO: Gold bars and granules are displayed at the Austrian Oegussa silver-gold separation plant in Vienna on …
Read More »Asia stocks in four-month high as markets remain stubbornly optimistic
SYDNEY (Reuters) – Asian stocks hit a four-month high on Wednesday as investors remained stubbornly optimistic about prospects for a reopening of the world economy, even as coronavirus cases appeared to be accelerating to new peaks. FILE PHOTO: A man wearing a protective face mask, after the outbreak of coronavirus …
Read More »The United States economy is improving; The increase in COVID-19 cases is a threat
WASHINGTON (Reuters) – Sales of new single-family homes in the United States increased more than expected in May and business activity contracted moderately this month, suggesting that the economy was on the verge of recovering from the recession caused by the crisis in COVID-19. FILE PHOTO: Real estate signs advertise …
Read More »Asia stocks peak four months in stubborn optimism
SYDNEY (Reuters) – Asian stocks rose to a four-month high on Wednesday as investors remained stubbornly optimistic about prospects for a reopening of the world economy, even as coronavirus cases seemed to accelerate to new peaks. FILE PHOTO: A man wearing a protective face mask, after the outbreak of coronavirus …
Read More »Asian actions under pressure after a peak in coronavirus cases
NEW YORK (Reuters) – Asian stocks were expected to be under pressure on Wednesday, as a surge in new coronavirus infections weighed on sentiment, though U.S. assurances that China’s trade deal was intact and Optimistic economic data provided some reasons for optimism. FILE PHOTO: A man wearing a protective face …
Read More »