Author: JobBroker
Gold’s mega rally faces $2,000 hurdle, but for how long?
By Peter Hobson
LONDON (Reuters) - Gold's rally has halted just below $2,000 (1,531.39 pounds) an ounce partly due to fierce technical resistance, [...]
Bets Against U.S. Dollar Assume Early Virus Vaccine, BofA Says
A bet on the U.S. dollar declining in the medium term makes the key assumption that a vaccine against the novel coronavirus will be available compara [...]
EUR/USD Price Forecast – Euro Continues Consolidation
The Euro tried to rally on Tuesday but gave back the gains at 1.18. Of course it is a significant resistance barrier, just as the 1.17 level is suppor [...]
Microsoft’s rescue attempt of TikTok endears old company to new generation
Bearing hashtags like #SaveTikTok and #Microsoft, which have attracted nearly 1 billion views combined, TikTok’ers - an overwhelmingly young group tha [...]
Wall St. set to dip as U.S.-China tensions heat up over TikTok
(Reuters) - Wall Street was set to pull back on Tuesday as President Donald Trump’s moves to force China-owned TikTok into a sale of its U.S. operatio [...]
Thai exports may shrink by 15% this year: shippers
BANGKOK (Reuters) - Thailand's exports may contract by 15% this year as the coronavirus pandemic hits global demand and a stubbornly strong baht adds [...]
Euro zone producer prices return to rise month-on-month, beat expectations
BRUSSELS (Reuters) - Euro zone producer prices rose in June on a monthly basis slightly more than expected, ending their falling trend started in Febr [...]
Top 5 Things to Know in the Market on Tuesday, August 4th
By Peter Nurse
Investing.com -- Rhetoric surrounding the potential purchase of TikTok has become heated with President Trump claiming the U.S. go [...]
WHO says China team interviewed Wuhan scientists over virus origins
GENEVA (Reuters) - A World Health Organization team in China to probe the origins of COVID-19 had “extensive discussions” and exchanges with scientist [...]
BP halves dividend after record loss, speeds up reinvention
LONDON (Reuters) - BP (BP.L) cut its dividend for the first time in a decade after a record $6.7 billion (5.13 billion pounds) second-quarter loss, wh [...]