E-Learning

Gold edges higher after loss with US data, trade talks in focus

(Bloomberg) -- Gold edged higher after a two-day decline, as the market remained in wait-and-see mode in spite of data showing improving economic sentiment and signs of progress in trade talks.Most Read from BloombergNY Wins Order Against US Funding Freeze in Congestion FightBullion traded near $3,309 an ounce — following a 1.3% loss on Tuesday — as US consumer confidence rebounded sharply in May from near a five-year low, signaling a more positive outlook for the economy and labor market. The d

Read more

Japan's quick-fix for bond markets sets a global test case

SINGAPORE/NEW YORK (Reuters) -Japan, one of the world's most indebted developed economies, this week also turned into a saviour of sorts for its own bond market and globally. When Reuters reported on Tuesday Japan's ministry of finance (MOF) may reduce issuance of super-long tenor debt, bond markets from Japan and South Korea to Britain and the United States reacted positively, pushing prices up and yields down. That paused the weeks-long bond selloff forced by investors demanding bigger yields as they braced for increased inflation and government spending caused by U.S. President Donald Trump's trade and tax policies.

Read more

Oil climbs as traders weigh supply outlook, Russia sanctions

(Bloomberg) -- Oil rose as the market juggled the outlook for more OPEC+ supply and the prospect for additional US sanctions on Russia.Most Read from BloombergNY Wins Order Against US Funding Freeze in Congestion FightBrent traded above $64 after closing 1% lower on Tuesday, while West Texas Intermediate was near $61. An OPEC+ committee, which monitors developments in the market, meets later Wednesday before a group led by Saudi Arabia convenes on Saturday to decide on output policy for July.Mem

Read more