China's CSI 300 suffers biggest fall since Feb 2020
Slight drop for Eurozone inflation - but rate rises still expected
CAC40 falls as Le Pen polls ahead of Macron for first time
US Treasury stops Russia bond payments via American banks
The United States Treasury has blocked access for the Russian government to use US banks for bond payments, forcing Russia to either pay in dollars from its own reserves or to default.
Defaulting would anger investors who have previously dealt with Russia, and would further damage their already-deteriorating reputation globally.
Gold and silver volatile on rising tensions in Europe
Ireland backs gold: Central bank adds 2 tonnes to reserves
Fed's caution a boost for gold as dollar slips
Gold price on the rise as Fed ramp up talk of tapering
US and UK CPI inflation continues to rise
Both the US and UK have reported further rises to inflation this week, in further signs that central banks may be wrong to claim inflation is just a transitory issue.
The consumer price index for June showed prices have risen by 5.4% year on year in the US, the highest …
Central banks regain appetite for gold
Gold at $1,900 per ounce as inflation fears rise
US inflation jumps to 3.1% - highest since 1992
Inflation in the United States has risen by 1.2% in the last month to 3.1% overall; the highest recorded levels measured by the core personal consumption expenditures (PCE) index since the early 1990s.
Using the PCE index, Bureau of Economic Analysis reported inflation at 1.9% at the end …
Stock markets slump as lockdowns loom
US election 2020: What could happen to the gold price?
€10 billion of bullion moved during central bank reconstruction
€750 billion coronavirus bailout for Europe following marathon negotiation
After four days of intense negotiations the 27 members of the European Union have agreed a record breaking ‘recovery package’ for the EU totalling €750 billion.
The talks have been described as a marathon and fractious, with the self-styled ‘frugal four’ nations – made up of Austria, Denmark, Netherlands, and …
German investors flock to gold
European airlines crippled by coronavirus
Around the world passenger airline industries have been amongst the worst hit businesses from the current Coronavirus crisis. With their planes grounded, some of the largest airlines are facing collapse or require government bailouts in order to keep flying.
In contrast, many cargo carriers have never been busier. This is …
Gold price surges as coronavirus creates fresh Eurozone crisis
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