Analysts sound warnings on South Korea’s risks
Flagging growth: South Korea’s economic risks could soon be hard to ignore South Korea’s risk score deteriorated in Q1 2019, according to Euromoney’s crowd-sourcing survey of economists and other experts, with further downgrades likely to occur in the Q2 survey...
Oil, Gold Up On Middle East Tensions, Dollar Steady Ahead Of US Retail Sales
Brent crude extends gains following tanker attack in Gulf of Oman; gold lifted too Dollar heads for weekly gains as US retails sales and Fed meeting eyed Aussie and kiwi sag on growing rate cut bets Oil jumps on renewed...
Geopolitical Tensions and Poor China Down Weigh on Sentiments, Gold Shines and Yen Jumps
The financial markets are generally weighed down by risk aversion. Geopolitical tensions heightened after US blamed Iran for involving in the oil tanker attacks near the entrance to the Persian Gulf on Thursday. But Iranian officials denied any involvement and...
SNB Maintained Pledge to Intervene FX Market if SNF Too Strong. Question is How to React if Fed and ECB Ease Further
In its quarterly meeting, SNB announced to leave the policy rate – the interest rate on sight deposits, unchanged at -0.75%. On a technical change, the central bank introduced a new benchmark – the SNB policy rate- in replacement of...
Bond king Jeffrey Gundlach: ‘I am certainly long gold’
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019. Adam Jeffery | CNBC DoubleLine CEO Jeffrey Gundlach is betting on gold. “I am certainly long gold,” Gundlach said in an investor webcast on Thursday....
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