Jiming Huang / Profilo
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Jiming Huang
Gold hit a five-month high on Friday after U.S. jobs data dampened expectations that the U.S. Federal Reserve will raise interest rates, but the metal gave up most gains as the dollar rose and safe haven demand ebbed. U.S...
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Jiming Huang
Federal Reserve policymakers left open the prospect of a further interest rate rise this year even as they insisted they needed more evidence on the durability of the rebound before feeling confident enough to pull the trigger...
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The action, although widely expected, prompted the pound to fall by 1.5% against the dollar. The FTSE 100 closed up 105 points at 6,740.16, higher than the same day last year. The pound was down 1.5% against the dollar at $1.3120 and was down 1.3% against the euro at 1.1799 euro...
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When it became clear that the British really had voted to leave the EU, markets around the world dropped to the floor and began twitching...
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Britons had only just begun to digest the results of their referendum when cities and companies across Europe leapt into action, all of them jockeying to lure businesses, entrepreneurs and investment from London, the region's economic behemoth...
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he U.S. Federal Reserve won't increase interest rates this year, and that will continue to drive gains in risk assets, said Alain Bokobza, head of global asset allocation at Societe Generale...
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Banks have already begun to take action to shift operations out of the UK, with the governor of France's central bank warning last Saturday that Britain's financial services groups were at risk of losing their right to operate across the EU...
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Jiming Huang
It touched 1.2798 against the dollar on Wednesday, a 31-year low, before recovering slightly to 1.2929 dollars. The pound has now fallen about 14% against the dollar since hitting $1.50 ahead of the referendum result...
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Banks have already begun to take action to shift operations out of the UK, with the governor of France’s central bank warning on Saturday that Britain’s financial services groups were at risk of losing their right to operate across the EU...
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Jiming Huang
Britain voted to leave the European Union on Thursday. While the vote is certainly historic and could have big, unintended consequences in Britain and beyond, it’s important not to overreact...
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As markets try frantically to parse Britain's exit from the European Union, they should look toward politicians, not just to central banks for the answer, experts told CNBC's "Squawk on the Street...
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Janet Yellen has signalled that the US Federal Reserve will hold off raising rates this month, as she described Friday’s jobs report as disappointing and highlighted uncertainties ahead, including...
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Gold investors can stop worrying. Despite recent chatter, interest rate tinkering at the Federal Reserve is not driving the price of gold...
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Federal Reserve chair Janet Yellen said she expects interest rates to rise in "the coming months" if the US economy continued to improve...
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Stocks are indicated to start today's session in the green, which would follow the modestly lower close on Thursday and stronger gains earlier in the week...
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8 years of ultra-low interest rates and an avalanche of new financial regulations have driven bank profits off a cliff...
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In preparing the market for a summer interest rate hike, the Federal Reserve is actually girding itself for an economic downturn, Forester Value Fund Portfolio Manager Tom Forester, said Wednesday...
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The world’s biggest bank has agreed to buy a vault for gold and precious metals in London. But how many of these vaults are there, and how much gold do they hold, asks Claire Bates...
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Jiming Huang
WASHINGTON (AP) — Catching many investors off guard, the Federal Reserve made clear Wednesday that an interest rate hike in June is likely if the economy keeps improving...
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