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The European Central Bank could offer less generous support for indebted governments when it puts together a further stimulus package next month, to push them to apply for European Union loans tied to productive investments, sources told Reuters.
JPMorgan Chase said that it is facing another potential fine weeks after paying a record penalty, this time over internal controls in wealth management and other areas.
Three key banking issues are at stake in today's US election...
Today's pop-up in gold is nothing more than some election uncertainty and will most probably subside shortly...
Andreas Rentz/Getty Images Goldman Sachs cut Europe's fourth-quarter growth forecasts after rising coronavirus infections prompted another wav...
In October, Americans purchased an estimated 1.92 million guns — an increase of 67% from October 2019, according to an analysis of FBI data. Why more Americans are purchasing guns in 2020.
Massachusetts on Monday joined a growing number of states readying National Guard troops for possible protests in the wake of Election Day.
As the pandemic bears down globally, swelling the gap between rich and poor, there may be no starker case of inequality than Venezuela, where the socialist leader Nicolas Maduro has buttressed his hold on power by fostering a Darwinian dollarization under quarantine.
“Ultimately, the markets want clarity, and the main threat this week is the emergence of a contested election,” one analyst said.
The Fed refrained from rocking the boat in the pre-election decision and is in no rush to introduce new measures now. It is committed to leaving borrowing costs at low levels through 2022 at a minimum and clarified that negative rates – potentially introduced by the Bank of England – are not on the table.
Goldman Sachs has dropped the euro from its list of major currencies backed to outperform against the dollar in the aftermath of the U.S. election.
Silver investment demand surged through the first three quarters of 2020, according to the latest issue of Silver News published by the Silver Institute.
Global silver Exchange Traded Product (ETP) holdings rose by 297 million ounces through the third quarter of this year, nearly tripling the growth in the comparable period last year.
    Gold Rises as Investors Await U.S. Election Outcome
Nov 3, 2020 - 05:34:52 PST
Gold prices edged down on Tuesday, as cautious investors awaited the outcome of the U.S. presidential election with President Donald Trump closely trailing Democrat Joe Biden in national opinion polls.
“Recommend owning something to protect against inflation.” “Bitcoin and gold are good for an inflation hedge." “Gold a good holding for tail risk ahead, will go up very substantially.”
The Federal Reserve balance sheet could be heading to $40-50 trillion or higher as the central bank continues to monetize US debt.
To borrow a phrase from the movie "Pretty Woman," this is the fork they know. If the economy turns sour, the government borrows money and the Fed backstops it by buying Treasuries. The problem is there is no conceivable exit strategy.
    The U.S. Could Split Up, Gundlach Says
Nov 3, 2020 - 05:20:14 PST
Big change, borne of unrest and acrimony, is coming to the U.S. in the next 5-10 years, the outspoken billionaire investor thinks. Here's what that means for...
Australia’s central bank cut interest rates and announced purchases of longer-dated bonds to complement its yield curve control program for shorter-length maturities as it seeks to drive a rapid economic recovery.
Borrowers from the region have raised $354bn in debt denominated in US currency this year...
Like the coronavirus crisis itself, the response of the world’s governments has been on a scale never seen before. The IMF estimates that fiscal spending and tax cuts worldwide add up to more than $11.7tn so far, on top of a monetary policy response in which trillions of dollars have…
Gold and the gold stocks are now once again heading into their strongest seasonal rally of the year, driven by...