Stock markets were mixed on Thursday, pressured by rising bond market costs as stubbornly high European inflation and U.S. jobless claims data fuelled expectations of more global interest rate rises. European shares rose slightly after sagging to a one-month low by the time euro zone inflation numbers justified what is widely expected to be another […]
By Jigar Trivedi Comex gold finished the week 0.60% or $11 higher at $1,866 an ounce nonetheless it began the week on a subdued note, weighed down by hawkish remarks from Fed Chair Jerome Powell and hotter-than-expected US employment numbers. Powell warned that the ultimate level of interest rates could be higher than anticipated in […]
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