FRX
- ECONOMY
Funds Are Turning Sour On Gold When You’d Least Expect It
(Bloomberg Opinion) — Gold, according to financial markets lore, is a pretty simple beast. For all its complexities, at bottom…
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Canada Employment Falls For Second Month As Labour Force Shrinks
(Bloomberg) — Canadian employment levels unexpectedly fell for a second straight month in July, as workers continued to drop out…
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China’s Covid Zero Could Last For Years Because It Works For Xi
Yet so far Xi is unmoved. In fact, he’s doubling down. In a recent address from Wuhan heavy with symbolism, Xi repudiated…
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The Strong Dollar Is Wreaking Havoc Globally— And It’s Just Getting Started
(Bloomberg) — George Boubouras was at his home in east Melbourne, taking in a cricket match, when his phone suddenly…
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What Analysts Say Is Next For Asian Markets After Fed Decision
(Bloomberg) — Strategists were taking stock of their best trade ideas after Federal Reserve Chair Jerome Powell gave officials more…
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What A Bear Market And Strong Dollar Mean For Car Collectors
(Bloomberg) — In the past two weeks, Peter Brotman found himself evaluating two multimillion-dollar car collections offered for private sale.…
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Gold At Mercy Of King Dollar And Prone To ‘Bouts Of Popularity’
(Bloomberg) — Gold is heading into the second half of the year under increasing pressure, with the dollar more than…
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Bitcoin Tops $24,000 For First Time In A Month; Ether Rallies
(Bloomberg) — Bitcoin is gaining for the third straight day amid a broader rally in risk assets, with the digital…
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The Euro’s Drop Below $1 Means a More Hawkish ECB
(Bloomberg Opinion) — The euro’s weakness is fast becoming a problem for the European Central Bank as its decline drives…
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Spain Offers $1.9 Billion To New IMF Trust For Fragile Nations
(Bloomberg) — Spain will contribute 1.86 billion euros ($1.9 billion) to a new International Monetary Fund trust to bolster financing…
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Can Crypto’s Richest Man Stand The Cold?
(Bloomberg Businessweek) — During the first few months of this year—back when buying digital tokens named after dog memes was…
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U.K. Economy Seen Slowing Sharply on Record Staff Shortages
Britain’s economy grew at the slowest pace since the height of lockdown in February, which purchasing managers blamed on staff…
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London’s Housing Market Shows Hit From Home Working
(Bloomberg) — London private housing rents fell in July compared with a year earlier as the ability to work from…
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