Gold Extends Gain After Warsh Remarks Ease Rate-Hike Prospects
Gold extended a rebound after a speech by US Federal Reserve Chairman Kevin Warsh dampened speculation the central bank may hike interest rates this year to tackle inflation.
Gold extended a rebound after a speech by US Federal Reserve Chairman Kevin Warsh dampened speculation the central bank may hike interest rates this year to tackle inflation.
South Korean stocks slumped as Meta Platforms Inc.’s plan to sell computing power raised questions over excess in AI capacity, driving a selloff in chipmakers.
For professional traders, understanding commodity markets basics is essential for gaining a competitive edge. This guide provides a foundational overview of these dynamic markets.
Bloomberg Opinion’s Andrea Felsted assesses the outlook for the sportswear market and how the football World Cup impacts competition between Nike Inc. and Adidas AG. Felsted speaks on Bloomberg Television. Her views are her own. (Source: Bloomberg)
South32 Ltd. will focus on copper and zinc after selling off the aluminum business that accounted for 60% of earnings, with the disposal announced on Chief Executive Officer Matt Daley’s first day in the role.
Anna Edwards, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)
French natural gas consumers are set to pay more for network maintenance over the coming decades as falling demand for the fuel means the infrastructure will be financed by fewer users, the industry regulator said.
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)