Tag: Commodities

China new home prices fall at fastest pace in over 9 years in August

Prospect of steeper Fed cuts boosts stocks, drives record gold prices

Dollar droops, gold at record high as bets for big Fed cut ramp up

Goldman Sachs isn’t scared off by the latest Nvidia (NVDA) sell-off.Nvidia shed roughly $400 billion in market value last week after the stock fell nearly 10% on Tuesday. The tech stock was one of the biggest drivers of the S&P 500’s (^GSPC) worst start to September since 1953, according to Bespoke Investment Group, though it…

Ukraine forex reserves rise to $42.3 billion as of Sept 1

US labor market stays afloat as unemployment rate falls to 4.2%

Japan Q2 corporate capex up 7.4%, points to solid domestic demand

Morning Bid: China clouds global ‘Goldilocks’ outlook

A “worldwide catastrophe” is imperiling Pacific Islands and the world must respond to the unprecedented and devastating impacts of rising seas “before it is too late,” the United Nations chief has warned.UN Secretary-General Antonio Guterres issued a global SOS – “Save Our Seas” – from the Pacific Island nation of Tonga on Tuesday with a…

Zoom raises annual revenue forecast on strong demand for its AI-powered products