While you were sleeping: Gold, silver shine
By Margreet Dietz July 5 (BusinessDesk) - European equities moved lower, ending a four-day winning streak, while commodities including gold and silver rallied amid bets central banks will add fresh stimulus to bolster the global economy. Europe’s Stoxx 600 Index finished th...
While you were sleeping: Carney signals stimulus
By Margreet Dietz July 1 (BusinessDesk) - Stocks rose, while the British pound weakened, as Bank of England Governor Mark Carney signalled the central bank will likely ease monetary policy in the coming months to offset the impact of the UK’s decision to leave the European Uni...
While you were sleeping: Stocks, oil rally
By Margreet Dietz June 30 (BusinessDesk) - Global equites extended their rally amid bets central banks will help ease the impact of the UK’s decision to leave the European Union on the global economy and corporate profits. "There are very reasonable expectations from cent...
While you were sleeping: Stocks, pound rebound
By Margreet Dietz June 29 (BusinessDesk) - Equities on both sides of the Atlantic rose as investors picked up some bargains following a two-day Brexit-inspired rout amid expectations that central banks will follow through on their promise to help if needed. Europe’s Stoxx 6...