Gold futures extend losses on Friday, as the U.S. dollar rallies against the euro on speculation that low euro-zone inflation may prompt the European Central Bank to lower interest rates.
NEW YORK (MarketWatch) — Gold futures extended losses on Friday, as the U.S. dollar rallied against the euro on speculation that low euro-zone inflation may prompt...
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Goodbye, $100 oil. Hello, $3 gasoline!
U.S. weekly crude supplies have jumped nearly 8% since mid-September, according to figures from the Energy Information Administration.
At 383.9 million barrels as of the week ended Oct. 25, they’re less than 14 million barrels below the highest level recorded by the EIA. Supplies were at 397.6 million barrels for the...
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Euro zone bonds inch higher on ECB policy easing bets
(Reuters) - Euro zone bonds edged higher on Friday, extending this week's rise after data showing a surprisingly sharp slowdown in euro zone inflation bolstered bets the European Central Bank could ease monetary policy further.
The October inflation numbers, which were way below the ECB's target of just below 2 percent, offset the...
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China property inflation quickens in October
From a year ago, house prices jumped 10.5 percent in October, quickening slightly from September's 10.4 percent annual gains, E-House said.
Home prices hit record highs in many cities in September, official data previously showed, putting them well beyond the reach of ordinary people despite a nearly four-year long government effort to curb price rises.
The signs...
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