Ringgit poised to strengthen against US dollar on federal reserve rate-cut expectations | Business
THE ringgit is expected to appreciate against the US dollar in the coming week, following weaker-than-expected nonfarm payrolls…
China’s yuan rallies with central bank backing as worries mount over US dollar
A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather…
Market veteran issues crash warning as ‘real’ jobs data shows contraction
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco’s Vancouver bureau. Jeremy is a seasoned journalist…
China’s yuan rallies with central bank backing as worries mount over US dollar
A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather…
Wall Street buys renewed bull market, Main Street also sees gains with August employment data dominating next week
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and…
IMF sees Panama GDP up 4.5% this year in rebound from copper mine closure
Panama’s economy is expected to grow 4.5% this year as the impact fades from the closure in late…
Wall Street ramps up bets on September rate cut after Powell’s dovish tone
August 25 – Brokerages are adding a September rate cut to their forecasts after Federal Reserve Chair Jerome…
Ringgit rises vs greenback as Fed signals Sept rate cut
KUALA LUMPUR: The ringgit rebounded, opening higher against the US dollar on Monday after US Federal Reserve (Fed)…
China’s yuan fixing rate hits 9-month high after dovish pivot by US Fed chair
China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level…
European shares muted as markets await Ukraine talks after US-Russia summit
Aug 18 (Reuters) – European shares were subdued on Monday, ahead of key meetings between Ukraine, European leaders…
India’s IREL seeks Japan, South Korea partnerships for rare earth magnet production
India’s state-owned miner IREL is seeking to collaborate with Japanese and South Korean companies to start commercial production…
Central Banks Buy 166t Gold
BRICS de-dollarization efforts are actually accelerating right now as central banks purchased 166 tonnes of gold in Q2…