Article content (Bloomberg) — Gold held near the highest since October as traders weighed President Donald Trump’s latest tariff threat against Europe, along with his vow to push for more interest-rate cuts. Article content Bullion was trading near $2,754 an ounce and was on track for a weekly advance of about 2%, supported by haven […]
Breadcrumb Trail Links PMN Business In 2017, weeks after Donald Trump’s first presidential election victory, Xi Jinping became the first Chinese head of state to address the World Economic Forum in Davos, Switzerland — winning applause as he inveighed against protectionism and declared that a trade war would hurt both sides. Author of the article: […]
Article content (Bloomberg) — Alcoa Corp., the largest US aluminum producer, warned that a threatened 25% tariff on imports of the metal from Canada would have a “quieting effect” on American consumption, despite otherwise strong demand expected in everything from packaging to electrical needs. Article content The Pittsburgh-based producer said it expects 2025 to have […]
Breadcrumb Trail Links PMN Business Bond traders are unwinding bets on two-year Treasury futures as lingering questions around President Donald Trump’s tariff plans cloud the outlook for inflation. Author of the article: Bloomberg News Edward Bolingbroke Published Jan 22, 2025 • 3 minute read v7vqk}98qqaxobxp4dh1pwh(_media_dl_1.png Bloomberg, CME Article content (Bloomberg) — Bond traders are unwinding […]
Article content (Bloomberg) — Oil held a decline as Donald Trump vowed to declare a national emergency to unleash domestic energy production and held off unveiling China-specific tariffs on day one of his presidency. Article content West Texas Intermediate for March fell from Friday’s close toward $76 a barrel, while Brent settled near $80. Trump […]
Article content (Bloomberg) — Oil rose ahead of the inauguration of President-elect Donald Trump, as the market braced for a period of uncertainty and turmoil at the start of his second term in the White House. Article content Brent traded above $81 a barrel after falling in the past two sessions, while West Texas Intermediate […]
Breadcrumb Trail Links PMN Business Asian equities climbed in early Monday trading, tracking US peers following a positive conversation between Donald Trump and Chinese leader Xi Jinping ahead of the US President-elect’s inauguration. Author of the article: Bloomberg News Catherine Bosley and Matthew Burgess Published Jan 19, 2025 • Last updated 29 minutes ago • 4 […]
Breadcrumb Trail Links PMN Business Bank of Japan Governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a hike — and barring a market shock triggered by Donald Trump’s first few days in the White House. Author of the article: Bloomberg News Paul Jackson and Craig […]
Article content (Bloomberg) — Oil headed for a fourth straight weekly gain ahead of President-elect Donald Trump’s second term, with traders seeking clarity on far-reaching sanctions and trade policies. Article content West Texas Intermediate traded below $79 a barrel, up about 3% this week, while Brent closed above $81. Trump’s advisers are crafting a wide-ranging […]
Article content (Bloomberg) — Bunge Global SA, one of the world’s largest crop traders, received approval from Canada for its $8 billion acquisition of Viterra Inc. Article content The decision Tuesday comes after delays to regulatory approvals around the world pushed back the completion of the deal, previously set for the middle of 2024. The […]