Gold prices slid on Tuesday in Asia, as the U.S. dollar rebounded after falling for a fourth straight session amid expectations that the U.S. Federal Reserve may halt its rate-hiking cycle for the year. Gold futures for February delivery declined 0.5% to 1,283.50 by 12:50 AM ET (05:50 GMT) on the Comex exchange. Fed Chairman Jerome Powell on…
Read more
The dollar struggled for traction against its peers on Tuesday, with investors increasingly convinced the Federal Reserve will not raise interest rates this year amid risks of a sharper slowdown in global growth. The greenback was marginally firmer against the yen , after falling 0.2 percent earlier in the session as traders wagered that the…
Read more
The U.S. dollar rebounded on Tuesday in Asia after falling for a fourth straight session. The U.S. Dollar Index last traded at 96.495 by 10:56 PM ET (03:56 GMT), up 0.3%. The dollar traded lower earlier in the day after data showed the ISM non-manufacturing data for December fell to a reading of 57.6, missing…
Read more
JOLTs Numbers Expected to Rise The main economic data tomorrow will be the Job Openings and Labor Turnover Survey (JOLTs) numbers for November. The report will be released at 10 AM ET (15:00 GMT). Economists forecast that job openings rose to 7.17 million. But the numbers are from two months ago, so may not have…
Read more
Colgate-Palmolive Company (NYSE-CL) has recently released their economic results for the third quarter of the year 2018, which outperformed the analysts’ expectations. Despite a small decrease in revenue, the economic results for the third quarter of 2018 have been good, as the company managed to cope with the trend of a significant competition in China.…
Read more
Company Walmart Inc. (NYSE-WMT) has increased its sales in discount department sector by 3.4% and its hypermarket chains by 43%. The company has increased its total turnover by 1.7% to 124.9 billion USD and also increased its operating profit in a yearly comparison by 4.2% to 5.0 billion USD. Thanks to these successful economic results…
Read more
Current trend of using the most cutting-edge technology in aviation leads to a significant development of drones. These drones are used privately and in military, but they can prove to be of great help to rescue services, whether as a fast first aid, mountain rescue or to firefighters. In this sector, they are mostly used as…
Read more
