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Goldman Sachs, BofA raise gold price forecasts amid trade-war tensions
March 26 (Reuters) - Goldman Sachs GS.N on Wednesday raised its end-2025 gold price forecast to $3,300 per ounce, up from $3,100, with a target range of $3,250 to $3,520 per ounce.The investment bank cited stronger-than-expected exchange-traded fund inflows and sustained central bank demand as key
Reuters
Thu, Mar 27
Australian Dollar depreciates as US auto tariffs escalate global trade tensions
The Australian Dollar (AUD) remains under pressure against the US Dollar (USD) for the second consecutive day on Thursday, as risk-off sentiment rises amid concerns over impending US auto tariffs. The AUD/USD pair weakened following President Donald Trump’s decision late Wednesday to impose a 25%...
Fxstreet
Thu, Mar 27
Japan putting 'all options on table' in dealing with US auto tariffs, PM Ishiba says
TOKYO, March 27 (Reuters) - Japanese Prime Minister Shigeru Ishiba said on Thursday Tokyo will put "all options on the table" in dealing with Washington's announcement to impose a 25% tariff on automobile imports."Japan is making significant amounts of investment to the United States...
Reuters
Thu, Mar 27
Alibaba unveils new flagship AI model: Qwen2.5-Omni
Investing.com -- Alibaba Group Holdings Ltd ADR (NYSE:BABA) has introduced Qwen2.5-Omni, its new flagship model in the Qwen series. The end-to-end multimodal model is designed for extensive multimodal perception and can process a variety of inputs such as text, images, audio, and video. It provides
Investing.com
Thu, Mar 27
WTI edges higher above $69.50 on Venezuela supply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.60 during the early Asian session on Thursday. The WTI price extends the rally to a near four-week high amid mounting concerns about tighter global supply after the US threat of tariffs on countries buying Venezuelan...
Fxstreet
Thu, Mar 27
RBI easing, earnings surprise could lift pressured Indian stocks
Investing.com -- Indian equities are expected to perform well in the second quarter of 2025, driven by stronger growth data, a more dovish Reserve Bank of India (NSE:BOI), and potential earnings surprises.India’s sluggish growth over the past two quarters has been a key reason for recent stock...Investing.com
Thu, Mar 27
OpenAI close to finalizing $40 billion SoftBank-led funding, Bloomberg News reports
March 26 (Reuters) - OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp 9984.T, Bloomberg News reported on Wednesday.The funding round includes investors such as Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management, the report added.Reuters
Thu, Mar 27
GameStop's crypto pivot boosts shares of one-time retail investor favorite
By Arsheeya Bajwa March 26 (Reuters) - GameStop GME.N shares were back in action as the company's move to hoard bitcoin brought retail investors back to their favorite meme stock.The video game retailer's shares rose 11.6% to $28.36 on Wednesday after GameStop said it would invest in bitc...Reuters
Wed, Mar 26
US STOCKS-Wall Street ends down sharply on tariff worries; Nvidia and Tesla drop
March 26 (Reuters) - Wall Street stocks ended sharply lower on Wednesday, dragged down by losses in Nvidia and Tesla as investors awaited information about long-promised U.S. tariffs on automotive imports.
Reuters
Wed, Mar 26
Tesla to launch in Saudi Arabia as Musk and the kingdom mend relations
Rift opened in 2018 during Musk bid to take Tesla privateSaudi Arabia's PIF invested in EV startup Lucid after riftKingdom is Gulf region's largest market Feud started easing after Trump elected By Pesha Magid RIYADH, March 26 (Reuters) - Tesla will start sales in Saudi Arabia next month,...Reuters
Wed, Mar 26
US adds dozens of Chinese entities to export restrictions list, including Inspur units
Listed companies face restrictions on access to US goodsInspur units targeted for working with Chinese militaryOther Chinese companies hit for work on supercomputersBy Karen Freifeld and David ShepardsonWASHINGTON, March 25 (Reuters) - The United States added six subsidiaries of Inspur Group, China&...Reuters
Wed, Mar 26
CORRECTED-US reciprocal tariffs could cut size of UK economy by 1%, OBR says
LONDON, March 26 (Reuters) - U.S. President Donald Trump's threats to impose new reciprocal tariff rates next week on countries around the world could cut the size of the British economy by up to 1%, according to the government's independent fiscal watchdog.The Office for Budget Responsibili...Reuters
Wed, Mar 26
Mali expects rise in gold output in 2025 on reopened Barrick operations
BAMAKO, March 26 (Reuters) - Mali is forecasting a slight recovery in industrial gold output in 2025 on the assumption that mining giant Barrick Gold ABX.TO will resume operations after a months-long standoff with the government, a document seen by Reuters on Wednesday showed.Reuters
Wed, Mar 26
LIVE MARKETS-U.S. equity underperformance to persist throughout 2025 say JPM
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com U.S. EQUITY UNDERPERFORMANCE TO PERSIST THROUGHOUT 2025 SAY JPM J.P.Morgan see 2025's big equities market shift - out of U.S....Reuters
Wed, Mar 26
UK finance minister restores 9.9 billion pound fiscal buffer
LONDON, March 26 (Reuters) - British finance minister Rachel Reeves said on Wednesday that she had rebuilt a 9.9 billion pound ($12.8 billion) fiscal buffer that was wiped out by weaker economic forecasts and rising borrowing costs since her first full budget last year.The public finances have beenReuters
Wed, Mar 26
UK pound and gilt yields fall on inflation data before spring statement
LONDON, March 26 (Reuters) - British government bond yields and the pound fell on Wednesday after data showed UK inflation slowed more than expected in February, offering some respite for finance minister Rachel Reeves ahead of a high-stakes fiscal statement later in the day.Data showed inflation co...Reuters
Wed, Mar 26
Stocks struggle, dollar drifts as investors mull Trump tariff outlook
LONDON/TOKYO, March 26 (Reuters) - European stocks fell on Wednesday, while the U.S. dollar was slightly higher, as nervy traders awaited clarity on President Donald Trump's trade policy ahead of a new round of tariffs next week.Reuters
Wed, Mar 26
