News / Blog
According to Kitco News analyst Gary Wagner, in the FOMC press release, the seeds can be found of a further pushing back of a Federal Reserve interest-rate hike until December...
On Thursday the greenback extended losses against the yen and the euro as the U.S. central bank failed to demonstrate clear commitment to raise rates in September...
On Wednesday the European Commission revealed an action plan targeted at closing loopholes and organizing tax rules to prevent big multinational companies from shirking their tax-paying duties in the European Union. The proposals include common corporate tax rules and ending sweetheart deals...
U.S. parcels delivery company FedEx has reported a net loss of $895m for the three months to the end of May, missing analysts' expectations, blaming the strong U.S. dollar and rising pension costs...
Platinum hit its lowest level since May 2009 on Tuesday settling at $1,080.80 an ounce. With market sentiment being bearish, some analysts consider the downtrend is soon to bottom up and prices will begin rising...
According to HSBC analysts, demand from emerging markets is changing the nature of the bullion market. Until recently, investment demand was the primary driver of gold, but emerging-market demand, which is price-sensitive, has become an increasingly important stimulus of gold prices...
On Wednesday the greenback edged lower against its rivals, as markets were nervous ahead of the Federal Reserve's policy statement, though analysts do not predict major changes. However, markets await cues on the timing of the rate hike. Interest rates in the U.S...
On Wednesday stocks in Hong Kong recovered ahead of the conclusion of a U.S. Federal Reserve meeting later in the day. Shares in China gained back some of the ground lost on first two trading days of the week...
On Wednesday Australia and China signed a free trade agreement in Canberra. "This agreement will give our nations unprecedented access to each other's markets," commented Australia's Prime Minister Tony Abbott, adding that it would also be positive for the wider Asia-Pacific region...