news

ECB Inflation Risks Mount as Prices Drop More Than Forecast

02.10.2020, 16:52

Consumer prices in the 19-nation euro area fell more than economists forecast in September, keeping up pressure on the European Central Bank as it debates whether to add stimulus to support the recovery from the coronavirus recession.

Turkey’s Trade Gap More Than Doubles in Size on Gold Imports

02.10.2020, 15:09

Turkey’s foreign trade imbalance continued to worsen last month as cheap credit and retail investors’ search for a hedge against inflation continued to fuel demand for gold.

Trump Infection May See Hedge Funds Play Catch-Up in Yen Longs

02.10.2020, 13:43

U.S. President Donald Trump’s coronavirus infection may provide the catalyst for hedge funds to catch up with asset managers’ bullish bets on the yen.

Goldman Asset Management Sees a Brexit Deal But the Good News Ends There

02.10.2020, 11:12

Goldman Sachs Asset Management needs more than just the promise of a late-stage Brexit deal to turn bullish on U.K. assets.

Dow Sheds 525 Points as Tech Rout Rattles Bulls

23.09.2020, 18:45

The Dow slumped Wednesday, shrugging off positive vaccine news as an Apple-led rout in tech triggered a sea of red across stocks.