Investors are offloading the precious metal due to rising bond yields. The factors that have driven the dollar higher since March have returned. The US dollar posted its best weekly gain in the last two months on the realisation that the conflict in the Middle East is set to continue. The US-China summit failed to […]
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While the collapse of Spirit Airlines is the most high-profile case, multiple small- and mid-size airlines have had to file for bankruptcy and in some cases shut down operations entirely since the start of the Read more…
Germany’s Ifo Business Climate index improved modestly in May, offering signs that Europe’s largest economy may be stabilizing after months of weakness, though underlying conditions remain uneven across sectors. Business Climate index rose from 84.5 Read more…