Tag: energy

Jan 16

Treasuries ‘Death Spiral’ Risk Is Brushed Aside by Foreign Funds

Breadcrumb Trail Links PMN Business Whether you’re speaking with Europe’s largest money manager, Australia’s giant pension funds, or a cash-rich insurer in Japan, there’s a resounding message you’ll hear when it comes to US Treasuries: They are still hard to beat. Author of the article: Bloomberg News Ruth Carson and Alice Gledhill Published Jan 15, […]
Jan 15

US Inflation Data to Remain Firm, Feeding Fears of Higher Rates

Breadcrumb Trail Links PMN Business Forecasters expect a monthly report on US consumer prices to show a fifth month of firm increases, bolstering the case for an extended pause in Federal Reserve interest-rate cuts. Author of the article: Bloomberg News Matthew Boesler Published Jan 14, 2025  •  3 minute read 8eqdbh71s}bb2in04zdi7e17_media_dl_1.png Bureau of Labor Statistics, […]
Jan 15

Metals, Oil Surge in US as Traders Bet Higher Chance of Tariffs

Article content (Bloomberg) — US prices of metals and oil are surging above their international counterparts as traders increase bets President-elect Donald Trump will impose tariffs on imported goods. Article content Metals including copper, silver and platinum are seeing a price dislocation between London and New York in recent weeks, while differentials in oil prices […]
Jan 12

UK Will Explore Nuclear Power for New AI Data Center Plan

Article content (Bloomberg) — The UK is planning special districts for constructing data centers and will explore dedicating nuclear energy to the sites as part of a Labour government project to boost technology growth and the ecosystem for artificial intelligence.  Article content These “AI Growth Zones” will include enhanced access to electricity and easier planning […]
Jan 12

Canada Has Counter-Tariffs Ready If Trump Launches Trade War, Trudeau Says

Breadcrumb Trail Links PMN Business Justin Trudeau says Canada is ready to respond with counter-tariffs against the US if President-elect Donald Trump follows through on his threat to begin a trade war in North America. Author of the article: Bloomberg News Curtis Heinzl Published Jan 12, 2025  •  Last updated 1 hour ago  •  3 minute […]