Precious metals are apparently waking up. And here is where you can find the best deals.
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Stop and pause for a moment and think about what just happened. The Federal Reserve says the US economy is strong, but it just initiated emergency monetary policy last seen during the worst financial crisis since the Great Depression.Something doesn't add up.The Fed cut rates 50 basis points on Tuesday. It was the first interest rate move between regularly schedule FMOC meetings since the 2008 financial crisis. The Fed funds rate now stands between 1.0 and 1.25%.
We still favour long positions from here, but given the wild volatility shows little sign of settling down, we cannot rule out further weakness that would be a chance to buy.
A rapidly spreading coronavirus outbreak will likely be a "material headwind" for the U.S. economy with the hit expected to be longer and deeper than previously anticipated, S&P Global Ratings said on Tuesday as it cut its growth forecast.
The dollar fell to a five-month low versus the yen after an emergency 50 basis p...
It is hard to exaggerate the historic significance of Tuesday’s events in the bond market.Following the Federal Reserve’s emergency cut to overnight rates, the 10-year Treasury yield — which is taken as the notional “risk-free” benchmark rate for financial transactions across the globe...
To manage the situation, all investors should...
Rates could sink below zero as the stakes get higher in the worldwide battle to prevent a coronavirus pandemic.
They bought the rumor, sold the news, and now investors are back to their real obsession: imagining what a recession looks like in equities. It’s not a pretty picture.Making it worse are feedback loops,
There’s no bottom in sight for Treasury yields after the Federal Reserve’s aggressive rate cut failed to quell fears that the coronavirus is wrecking the global economy.Before Tuesday, the 10-year note had never yielded less than 1%. Once that historic level was breached, less than 30
Central banks around the world, including the U.S. Federal Reserve, have lowered interest rates to support their respective economies amid a rapidly spreading coronavirus — and more are expected to follow suit.
The Federal Reserve was likely trying to boost confidence in the U.S. economy with its emergency rate cut of 50 basis points on Tuesday, but Moody’s Analytics Chief Economist Mark Zandi contends the impromptu action had the opposite of its intended effect.
Treasury Secretary Steven Mnuchin said the Securities and Exchange Commission would not need to shut down trading instruments in a market free-fall scenario caused by the novel coronavirus.
Cheuk Wan Fan, managing director and chief market strategist for Asia at HSBC Private Banking, discusses how the coronavirus outbreak is affecting global markets, policies and her strategy. She speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Markets: China Open."
World health officials say the mortality rate for COVID-19 is 3.4% globally, higher than previous estimates of about 2%.
Poland has confirmed its first case of the coronavirus disease, according to the country's Health Minister Lukasz Szumowski.
As officials scramble to get in front of a disease that seems to easily evade their slow-footed efforts, SARS-COV-II is growing exponentially in several countries.
Gold rallies after the U.S. Federal Reserve announced a surprise interest-rate cut on Tuesday, with prices settling at their highest in nearly a week, as a...
The worst week since the financial crisis, then the best rally in a year. Stocks have turned volatile and the Federal Reserve just cut rates to steady things. Will it work?Scott Minerd doesn’t think so.“While I believe this rate cut is a necessary act, I doubt it is sufficient to bail
The Federal Reserve’s decision to slash U.S. interest rates to contain the economic damage from the coronavirus leaves policy makers in Europe and Japan under more pressure from investors to follow suit even though they have less scope to do so.
Mar.03 -- Former U.S. Treasury Secretary Larry Summers comments on the Federal Reserve's emergency rate-cut decision on "Bloomberg Markets."