Investors should rule out nothing from the Federal Reserve in 2025 if the newly minted Trump administration uncorks fresh tariffs on China and the European Union. "I think rate hikes are possible. Anything is possible.
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.
China's Center For Disease Control and Prevention (CDC) said on Thursday that while the rate of influenza virus in the country has shown signs of slowing, the overall cases of acute respiratory infectious diseases continued to rise.
Factory deflation extended into a 27th month, though the producer price index recorded a slower drop of 2.3% compared to November.
China currently dominates the market for the hardware and software used to mine cryptocurrency. Creating a large federal reserve would expose a major U.S. asset to potential Chinese meddling.
Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially feared.
History has shown that sanctions have limited utility, which should serve as a reminder for the new Trump administration. A study by the Peterson Institute for International Economics indicated that during the 1970s and 1980s, US sanctions only produced positive outcomes in fewer than one in five cases.
Silver remains flat, but $30.98 is the key trigger for a potential rally. Will the market break higher and follow gold’s lead? Read our latest forecast.
Gold soared to its highest intraday level in nearly three months on Wednesday, as the lack of clarity around US President Donald Trump’s policy plans sparked fears of market volatility, boosting the appeal of safe havens.