The gold market is wagering that Fed Chief Jerome Powell will deliver with tamer hikes in the New Year or it could be no hikes at all. Benchmark futures of the yellow metal in New York hit one-week highs in… Read More ›
Month: November 2018
Asian Stocks Advance, Dollar Struggles
Asian stocks progressed on Thursday, following a surge on U.S. stocks, after the chairman of the U.S. Federal Reserve suggested it might be nearing an end to its three-year rate tightening cycle, boosting interest in riskier assets. The dollar struggled… Read More ›
Dollar Almost Two-Week Highs After Fed Reaffirmed Need
The dollar held near two-week highs on Wednesday after a senior Federal Reserve official reaffirmed the requirement for further rate increases and as investors sought shelter in the currency thanks to simmering Sino-U.S. trade tensions. The dollar has come… Read More ›
New Tesla Model 3 Orders Deliver In Year-End
Tesla Inc. Chief Elon Musk said on Thursday that Model 3s requested in the United States before the end of this month will be delivered by Dec. 31, as the electric carmaker attempts to take advantage of tax breaks. “Tesla… Read More ›