Latest News
UK News
Click Here to read UK News
Forex News
Click Here to read Forex News
Market News
Click Here to read Market News
UK News
-
Banks, mining stocks lift UK shares as lockdown begins to ease
Published at 08/03/2021 at 17:03 -
Banks boost European stocks as recovery hopes grow
Published at 08/03/2021 at 16:58 -
Oil, travel stocks boost European shares
Published at 08/03/2021 at 08:25 -
Miners, energy stocks lift UK shares as lockdown begins to ease
Published at 08/03/2021 at 08:14 -
UK Stocks-Factors to watch on March 8
Published at 08/03/2021 at 07:46 -
REFILE-UK Stocks-Factors to watch on March 8
Published at 08/03/2021 at 07:45 -
FTSE 100 falls as high yields weigh, but marks best week in 2 months
Published at 05/03/2021 at 17:13 -
European stocks pressured by yields, but mark weekly gains on firm cyclicals
Published at 05/03/2021 at 17:12 -
Powell disappointment hits European stocks, tech slides again
Published at 05/03/2021 at 08:28 -
UK shares fall as higher bond yields weigh
Published at 05/03/2021 at 08:13
Forex News
-
FOREX-Dollar hits 3-1/2 month high on firmer U.S. yields
Published at 08/03/2021 at 16:01 -
FOREX-Dollar perched at 3-1/2 month highs on firmer U.S. yields
Published at 08/03/2021 at 11:58 -
FOREX-Dollar stands tall as U.S. yields resume climb
Published at 08/03/2021 at 07:52 -
FOREX-Dollar hovers near three-month high as bonds sell off; risk currencies pare gains
Published at 08/03/2021 at 05:17 -
FOREX-Dollar falls against commodity currencies but holds gains versus yen
Published at 08/03/2021 at 00:50 -
FOREX-Dollar jumps as U.S. jobs growth beats expectations
Published at 05/03/2021 at 19:57 -
FOREX-Dollar jumps as U.S. jobs growth beats expectations
Published at 05/03/2021 at 15:02 -
FOREX-Dollar gains across the board as Powell sticks to script
Published at 05/03/2021 at 12:08 -
FOREX-Dollar gains across the board as Powell sticks to script
Published at 05/03/2021 at 09:47 -
FOREX-Dollar ascendant as Powell sticks to script; risk currencies slide
Published at 05/03/2021 at 04:50
Market News
-
PRECIOUS-Gold slumps to 9-month trough as yields, dollar rally continues
Published at 08/03/2021 at 17:46 -
US STOCKS-S&P 500, Dow advance as stimulus bill gets Senate nod
Published at 08/03/2021 at 17:16 -
Banks, mining stocks lift UK shares as lockdown begins to ease
Published at 08/03/2021 at 17:03 -
Banks boost European stocks as recovery hopes grow
Published at 08/03/2021 at 16:58 -
GLOBAL MARKETS-Stocks climb as yields pull back from earlier high
Published at 08/03/2021 at 16:15 -
US STOCKS-Wall St rises as tech selloff eases; U.S. Senate passes stimulus bill
Published at 08/03/2021 at 15:52 -
Brent falls below $70 after Saudi attack as inflation worries mount
Published at 08/03/2021 at 15:11 -
US STOCKS SNAPSHOT-Nasdaq drops at open as U.S. stimulus fuels inflation jitters
Published at 08/03/2021 at 14:36 -
US STOCKS-Nasdaq set for sharp drop at open as U.S. stimulus fuels inflation jitters
Published at 08/03/2021 at 14:05 -
PRECIOUS-Gold falls 1% as elevated U.S. yields, strong dollar dull appeal
Published at 08/03/2021 at 13:49
PRECIOUS-Gold rises as U.S. stimulus hopes bolster appeal
Published at
25/01/2021 at 01:05
Jan 25 (Reuters) - Gold prices rose on Monday, recovering from a sharp decline in the previous session, as investors hoped that a massive economic stimulus would be passed soon in the United States to revive the world's largest economy.
FUNDAMENTALS
* Spot gold rose 0.3% to $1,858.57 per ounce by 0039 GMT, having slipped 0.9% in the previous session. U.S. gold futures were little changed at $1,856.60.
* The Joe Biden administration and Democratic and Republican lawmakers discussing a new $1.9 trillion in coronavirus relief agreed on Sunday that the most important priority should be producing and efficiently distributing a vaccine.
* The U.S. Senate Finance Committee on Friday unanimously approved Janet Yellen's nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval on Monday.
* Yellen at her confirmation hearing last week urged lawmakers for large coronavirus relief spending, adding that the benefits outweigh the expenses of a higher debt burden.
* Gold is considered a hedge against inflation, likely from widespread stimulus.
* Global coronavirus cases rose to more than 98 million as countries continued to work on the pace of vaccinations.
* The U.S. Federal Reserve policy meeting is due on Jan. 26-27.
* Demand for physical gold picked up last week as the approaching Chinese New Year encouraged buyers in China and Singapore.
* Speculators reduced their bullish positions in COMEX gold and silver contracts in the week to Jan. 19, data showed.
* Holdings of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust , eased 0.07% to 1,173.25 tonnes on Friday.
* Silver gained 0.9% to $25.61 an ounce, platinum
rose 0.6% to $1,105.06, and palladium added 0.1% to $2,355.83. DATA/EVENTS (GMT) 0900 Germany Ifo Business Climate New Jan 0900 Germany Ifo Curr Conditions New Jan 0900 Germany Ifo Expectations New Jan 1000 EU Consumer Confid. Final Jan
(Reporting by Sumita Layek in Bengaluru; Editing by Subhranshu Sahu)
((Sumita.Layek@thomsonreuters.com; Within U.S. +1 646 223 8780, Outside U.S. +91 8061822693; Reuters Messaging: Sumita.Layek.thomsonreuters.com@reuters.net))