The economic data is even worse than Wall Street feared: ‘The economy is clearly in ruins here’
Consumer and manufacturing data showed the hit to the economy from the coronavirus was even swifter and deeper in the early weeks of the shutdown than expected. Source: The economic data is even worse than Wall Street feared: ‘The economy is clearly in ruins here’
Gold eases on stronger dollar, dire economic outlook caps losses
Source: PRECIOUS-Gold eases on stronger dollar, dire economic outlook caps losses – Reuters
Gold Prices Up as COVID-19 Economic Costs Rise
Gold Prices Up as COVID-19 Economic Costs Rise Source: Gold Prices Up as COVID-19 Economic Costs Rise By Investing.com
Gold ticks up on recession fears, firm dollar caps gains
US gold futures were up 0.3 per cent at $1,745.70. Source: Gold ticks up on recession fears, firm dollar caps gains – The Economic Times
Tipping point: Gold has been a safe haven, but invest in a staggered manner
After such a humongous run-up, investors may feel wary about investing more in gold at this point of time Source: Tipping point: Gold has been a safe haven, but invest in a staggered manner | Business Standard News
Asia Update: Uncertain outlook has FX sentiment suffering and gold firming as haven
Market highlights Outlook: If the Bank of Canada says, “The outlook is too uncertain at this point to provide a complete forecast,” who are we to argu Source: Asia Update: Uncertain outlook has FX sentiment suffering and gold firming as haven
Ministers of Energy of Saudi Arabia and the Russian Federation discuss the oil market situation
HRH Prince Abdul Aziz Bin Salman, Minister of Energy of the Kingdom of Saudi Arabia, and HE Alexander Novak, Minister of Energy of the Russian Federation, held a constructive phone call as part of their regular consultations on the oil market situation and issued a joint statement.
Gold dips along with equities, strong dollar weighs
Source: PRECIOUS-Gold dips along with equities, strong dollar weighs – Reuters
U.S. yields tumble after poor U.S. economic data: two-year yields dropped below 0.2%
Go here to see the original: U.S. yields tumble after poor U.S. economic data: two-year yields dropped below 0.2%
Canada’s March GDP shrinks a record 9% on month amid coronavirus outbreak
Read the original post: Canada’s March GDP shrinks a record 9% on month amid coronavirus outbreak