investing
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Why Commercial Real Estate Is a Safe Hedge Against Inflation and the Biggest Asset Class Winners for Investors Right Now
Investing
Global equity funds see first weekly inflows in seven weeks
Investing
UK equities head for best week since mid-March
Investing
Retailers lift European stocks but growth worries persist
Oil jumps 3% to 2-month high as EU seeks to ban Russian crude
Date: May 26, 2022
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S. summer driving season, as the European Union (EU) wrangled with Hungary over plans to ban crude imports from Russia over its invasion of Ukraine. Brent futures for July delivery rose...
Global shares rally on relief after Fed minutes
Date: May 26, 2022
By Elizabeth Dilts Marshall NEW YORK (Reuters) – World stock markets broadly rose on Thursday and bond yields eased as no hawkish surprises from the latest U.S. Federal Reserve minutes helped soothe immediate worries over the impact of interest rate hikes on economic growth. Wall Street extended its rally from Wednesday. By midmorning, all three...
Exclusive-Shell in talks with Indian consortium to sell Russian LNG plant stake -sources
Date: May 26, 2022
By Ron Bousso and Nidhi Verma LONDON (Reuters) -Shell is in talks with a consortium of Indian energy companies to sell its stake in a major liquefied natural gas plant in Russia, three sources told Reuters, highlighting India’s willingness to step into the space left by Western companies following Moscow’s invasion of Ukraine. The world’s...
Factors That Affect the Price of Gold
Date: May 26, 2022
Gold is a precious metal that has remained symbolic over centuries for different reasons. Gold is a symbol of royalty. It is one of the widely used precious metals in making jewelry and ornaments. The value of gold has risen through the ages, and beyond being a status symbol, buying gold for investment purposes can...
Oil stocks lift European shares as growth worries persist
Date: May 26, 2022
By Susan Mathew (Reuters) -European markets were modestly higher on Thursday, bolstered by energy shares and the U.S. Federal Reserve sticking to script about monetary tightening, with sentiment fragile on lingering worries about slowing economic growth. The pan-European STOXX 600 index rose 0.2% by 0840 GMT, extending gains to a second day. Gains were largely...
Marketmind: The R word
Date: May 26, 2022
A look at the day ahead in markets from Sujata Rao Minutes from the Fed’s last meeting indicated the U.S. central bank is not yet contemplating bigger, 75 basis-point rate rises. That, alongside softer economic dataprints, is inducing money markets to keep dialling back their view of where the Fed funds rate may peak. The...