Business News Asia
The Dow Jones Industrial Average closed more than 800 points higher after the release of the personal consumption expenditures (PCE) index, suggesting that U.S. inflation may have peaked. This could ease pressure to accelerate the Federal Reserve (Fed) rate hike,…
The gold price continues to move at a high level, despite the fact that at the moment much is probably also due to the war in Ukraine. But even before the outbreak of the war, the sentiment around the precious…
“The stock is not the company. And the company is not the stock.” – Jeff Bezos With these words, Amazon founder Jeff Bezos explained why his company survived the dot.com crash. What did he mean by that? While the share…
And everything looked like a new rally, but then the U.S. Federal Reserve came around the corner and hammered the gold price back below $1,800. Shortly before the publication of the interest rate decision and the FOMC press conference, the…
The gold price continues to move in the positive direction. This is supported by the stock markets, which have experienced a real downturn since the beginning of the year. The S&P 500 is down 7.73% YTD, the DOW is down…
The gold price was able to gain again this week, as the U.S. economic figures were weak and inflation figures continue to run hot. Consumer Price Index (CPI) continued to rise in December with 7% YoY and core CPI increased…
The gold price has once again experienced a turbulent week with initial highs above the $1,800 mark but then was quickly knocked down again to $1,780. One could almost think that every time the gold price makes its way to…
The gold price was able to gain again shortly before Christmas and jump above the $1,800 mark. Now the yellow metal seems to be able to establish itself there for the time being and went into the Christmas holidays with…
The hot topic at the moment is probably called Omicron or is it simply being cooked hotter than it actually is to distract from the real problems. What is certain is that Omicron is spreading and has reached the majority…
Inflation continues to be the hot topic after inflation data were reported Friday from major economies such as the U.S. and Germany. The Bureau of Labor Statistics has confirmed what many had suspected, that U.S. inflation continues to rise, with…
