Gold edged up on Tuesday but was on track for its sharpest quarterly decline in 13 years, as inflation concerns stemming from the Middle East conflict reinforced expectations that the U.S. Federal Reserve could hike interest rates.
Tag: Emerging Markets
Gold fell on Monday as recent hostilities in the Gulf fueled inflation concerns that added to U.S. Federal Reserve rate-hike expectations, pressuring the non-yielding metal.
The dollar heads into the second half of 2026 on a high, thanks to bets for higher U.S. interest rates and an unquenchable thirst for U.S. assets from investors chasing the “American exceptionalism” that may spell more pain for other currencies.
Just two days after SpaceX made its historic market debut, a Chinese space startup held an investor roadshow for its maiden fundraising round by touting a mission to help China catch up with the U.S. in the race to the heavens.
Chinese automakers may be shut out of India, but their electric-vehicle technology is starting to make inroads in the world’s third-largest car market.
Just a short stroll from Sydney’s famous Bondi Beach, auctioneer Clarence White struggles to drum up bids for an airy three-storey home that boasts five bedrooms and an al fresco lounge – price tag, A$5.2 million ($3.64 million).
Gold prices extended losses on Monday on rising fears of a U.S. rate hike after a strong jobs report, while renewed hostilities in the Middle East pushed oil prices higher and fanned inflation concerns.
Brazil plans to announce its first-ever sovereign bond issuance in China, denominated in yuan, during a trip by a large delegation of government officials to the Asian country later this month, two people with direct knowledge of the matter told Reuters.
Following the first confirmation of screwworm, a flesh-eating parasite, on a U.S. farm in decades, federal and state officials have fanned out in South Texas, where a calf was found infested this week.
On the stone steps leading up Mount Tai, one of China’s best-known peaks, hikers can book and pay for “climbing buddies” to walk with them, carry bags and take photos for a few hundred yuan.