Economy – Page 120 – Golden Financier

Economy

Gold hits near 1-month high on safe-haven demand; momentum favours bulls

Gold prices hit a near one-month high on Wednesday, fuelled by increasing safe-haven demand amid heightened geopolitical tensions. Meanwhile, demand from global central banks have also boosted sentiments in the…

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Economy

Why the UK economy feels stuck and how it could recover

The UK economy isn’t in freefall, but it’s barely moving forward. Growth forecasts are shrinking, inflation refuses to drop, and businesses are feeling the squeeze. The British Chambers of Commerce…

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Economy

Indian markets trade higher; IT, and metal sectors lead gains; Greaves Cotton gains most in three years

Benchmark Indian equity indices BSE Sensex and Nifty 50 advanced on Tuesday, buoyed by gains in IT, metal, and real estate stocks. At 10:34 am, the BSE Sensex rose 0.14%,…

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Economy

The truth about China’s stimulus: a promising change or just a big gamble?

China’s top leaders are making their most aggressive push in years to reignite economic growth. With slowing consumer demand, deflationary trends, and potential trade tariffs by the US, the country’s…

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Economy

Gold still on track to hit $3,000/oz in 2025, says Bank of America

Gold could still hit $3,000 per ounce next year, but investors will have to be patient, Bank of America was quoted by Kitco. The bank said that the current consolidation…

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Economy

Assad’s fall opens doors for Turkish businesses while raising labour market concerns

The recent fall of Bashar al-Assad’s regime in Syria marks a seismic political shift, unlocking both challenges and opportunities for Turkey. Experts and business leaders anticipate significant ripple effects on…

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Economy

European markets dip as traders anticipate US inflation report, Ashtead to move listing to New York

European stock markets opened Tuesday in negative territory, with the pan-European Stoxx 600 down 0.2%. Basic resources stocks led the losses, falling 1.2%, as disappointing Chinese trade figures weighed on…

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Economy

Asian markets fall as Korea’s political crisis deepens

Asian shares faced a turbulent start to the week as South Korea’s ongoing political upheaval and weaker-than-expected demand recovery in China weighed on investor sentiment. A regional equities gauge fell…

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Economy

Why the US labor market is confusing everyone

The US labor market is sending confusing signals. November brought strong job gains, but unemployment ticked higher, and fewer people are participating in the workforce. The latest data releases are…

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Economy

With Bitcoin breaching the $100,000 mark, what else could be in store for crypto under Trump?

Bitcoin’s dramatic ascent to $103,259 marks a pivotal moment in the cryptocurrency landscape, coinciding with the election of Donald Trump as president. This milestone, representing nearly a 50% gain since…

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