(Reuters) – Citi Research has raised its near-term and 2025 average gold price forecasts, citing trade wars and geopolitical risks under U.S. President Donald Trump, along with robust central bank purchases. The bank upgraded its three month price target to $3,000 per ounce from $2,800 and hiked its 2025 average forecast to $2,900 per ounce …
Citi raises gold forecasts on tariff uncertainty, central bank demand Read More »
BERLIN (Reuters) – German industrial orders rose significantly more than expected in December due to substantial growth in large-scale orders such as aircraft, ships, trains and military vehicles, the federal statistics office said on Thursday. Orders increased by 6.9% on the previous month on a seasonally and calendar adjusted basis, the office said. A Reuters …
German industrial orders rise more than expected in December Read More »
By David Milliken LONDON (Reuters) – Britain is under pressure from bond dealers and investors to sell fewer long-dated government bonds – which briefly slumped in value earlier this year – as it seeks to finance around 300 billion pounds ($375 billion) of public borrowing next year. The country’s 2.6 trillion pounds of outstanding government …
Analysis-UK under pressure to issue fewer long-dated bonds Read More »
SYDNEY (Reuters) – Australia’s surplus on trade goods narrowed sharply in December as a surge in imports of capital equipment outweighed gains in iron ore exports, data showed on Thursday. The Australian Bureau of Statistics reported the surplus on goods narrowed to A$5.1 billion ($3.20 billion) in December, from a revised A$6.8 billion in November, …
Australia Dec goods surplus shrinks to A$5.1 billion as imports surge Read More »
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Famous last words, but an air of resilience is enveloping world markets. Fears of a global trade war are rife, shares in some of the U.S. ‘Big Tech’ firms are slumping, safe-haven gold has climbed to another all-time high and the …
Morning Bid: Seeing the positives in fog of uncertainty Read More »
By Ann Saphir, Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials on Wednesday pointed to the large policy uncertainty around tariffs and other issues arising from the early days of President Donald Trump’s administration as among the top challenges in figuring out where to take U.S. monetary policy in the months ahead. Chicago Fed President Austan …
Fed officials note abundance of uncertainty in Trump’s policy moves Read More »
By Roberto Samora SAO PAULO (Reuters) – The Brazilian coffee industry is worried that sky-high coffee prices are leading some companies to expand offerings of what it calls fake coffee in the local market, as they seek to attract consumers who are feeling the pinch. Brazil’s coffee roasters association, ABIC, recently identified in groceries powdered …
Brazil roasters fret over fake coffee as prices soar Read More »
By Nikhil Sharma and Johann M Cherian (Reuters) – European shares ended Wednesday’s choppy session higher, as a rise in healthcare companies GSK and Novo Nordisk following their upbeat quarterly results offset losses in carmaker stocks. The pan-European STOXX 600 index reversed early losses and settled up 0.36%, with healthcare leading sectoral gains with a …
Europe’s STOXX 600 closes higher on healthcare boost; auto stocks slide Read More »
By Gavin Maguire LITTLETON, Colorado (Reuters) -Many of northern Europe’s largest economies have sharply boosted gas-fired power generation so far in 2025, helping to lift regional gas prices to their highest since early 2023. Gas-fired output during January in Germany, the United Kingdom, the Netherlands and Poland all jumped by well over 10% from January …
Europe’s strong gas use pace may wilt as coal-switching kicks in: Maguire Read More »
By Jamie McGeever ORLANDO, Florida (Reuters) – “Bouncebackability.” This Britishism is usually associated with cliche-prone soccer managers trumpeting their teams’ ability to respond to defeat. It’s unlikely to find its way across the pond into the Wall Street crowd’s lexicon, but it perfectly sums up the U.S. stock market’s resilience to all the setbacks, …
Column-Wall Street shows its ‘bouncebackability’: McGeever Read More »
