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Economic Forecast - PRECIOUS-Gold flirts with record peak on bleak economic outlook
U.S. weekly jobless claims due at 1230 GMT * Interactive graphic tracking global spread of coronavirus: open in an external browser (Adds comments, details, updates prices) By Eileen Soreng Aug 6 ...
Gold flirts with record peak on bleak economic outlook
Gold extended its rally on Thursday to within touch of the previous day's record peak, as the COVID-19 pandemic clouded the economic outlook and boosted bullion's safe-haven allure, though the rapid ...
Gloomy economic outlook prevails
Worries about economic rebound hit stocks. UK-listed miners come under pressure. BoE’s caution fails to hold back sterling. European stocks are falling back in early trading as the hopes of progress ...
Bank of England sees better outlook for economy, plays down negative rates
At the same time, the BoE said “implementing negative policy rates might be less effective in providing stimulus to the economy at the current juncture” because of the risks t ...
CAC 40 Slides As BoE Tempers Forecasts For Economic Rebound
The benchmark CAC 40 index dropped 30 points, or 0.6 percent, to 4,903 after climbing 0.9 percent the previous day. Insurer AXA tumbled 3.3 percent after it booked a 1.5 billion-euro ($1.8 billion) ...