Friday, April 19, 2024

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Virus Crisis Augurs an Inflation Breakout, Morgan Stanley Says

Virus Crisis Augurs an Inflation Breakout, Morgan Stanley Says

(Bloomberg) -- The coronavirus crisis is likely to bring an end to a 30-year run of disinflationary forces and herald the return of accelerating inflationary...
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Gold Slides Toward $1,700 as Economies Show Signs of Restarting

Gold Slides Toward $1,700 as Economies Show Signs of Restarting

(Bloomberg) -- Gold fell for a third day as a drumbeat of moves toward reopening economies plus gains in stocks eroded appetite for havens, with...
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Oil Rollercoaster Has Crude Rebounding After Drop to 18-Year Low

Oil Rollercoaster Has Crude Rebounding After Drop to 18-Year Low

(Bloomberg) -- Oil rebounded after plunging to the lowest level in 18 years as investors weigh efforts by policymakers across the globe to strengthen economies...
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Gold Gets ‘Groove Back’ as Central Banks Seek to Bolster Growth

Gold Gets ‘Groove Back’ as Central Banks Seek to Bolster Growth

(Bloomberg) -- Gold jumped after the Federal Reserve cut its benchmark interest rate by a full percentage point to near zero, sending U.S. equity futures...
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Carney Sees ‘Powerful’ Global Virus Response as G-7 Call Nears

Carney Sees ‘Powerful’ Global Virus Response as G-7 Call Nears

(Bloomberg) -- Bank of England Governor Mark Carney said international policymakers are crafting a “powerful and timely” defense of the world economy against the spreading...
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