by dellons | Jun 24, 2020 | Business News
Gold weakened after hitting more than a seven and a half year high earlier overnight, with investors selling the precious metal along with other asset classes as a global rise in coronavirus cases led a flight to cash. Spot gold was little changed at $US1,766.21 per...
by dellons | Jun 24, 2020 | Business News
Oil prices tumbled over 5 per cent, or more than $US2 a barrel overnight, after US crude storage hit another record and coronavirus cases rebounded in countries like Germany and surged in heavily populated areas of the United States. The United States had its...
by dellons | Jun 16, 2020 | Business News
US stocks have jumped after a record rise in May retail sales revived hopes of a swift post-pandemic economic rebound, with sentiment also lifted by data showing reduced COVID-19 death rates in a trial of a generic steroid drug. A Commerce Department report showed...
by dellons | Jun 9, 2020 | Business News
Australian job advertisements steadied in May after suffering their largest ever fall in April, with a steady improvement seen as the month progressed after a very depressed start. Tuesday’s figures from Australia and New Zealand Banking Group showed total job...
by dellons | May 29, 2020 | Business News
US consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter. The Commerce Department said on Friday consumer spending, which accounts...
