Gold prices inched lower on Tuesday after
falling more than 1% in the previous session, weighed down by an
uptick in the U.S. dollar and worries over further U.S. interest
rate hikes.
CLEVELAND, Aug. 15, 2022 The Industrial Distribution M&A market continues to see healthy deal flow despite current market uncertainty, according to an industry report released by the Industrial Distribution investment banking team from Brown Gibbons Lang & Company. Access the BGL Industrials Insider: https://bit.ly/BGLIndDistInsider2022.
The Federal Reserve's hawkish message on inflation registered quickly in U.S. housing markets this summer as mortgage rates shot up and home sales slowed. But that was the one prominent and anticipated adjustment across an economy that has met the U.S. central bank's most aggressive shift of monetary policy in a generation with a relative shrug.
Cloud-Based Solution Provider's Deal Pipeline Management App Meets Industry Demand For All-In-One Platform That Tracks, Manages M&A Activity CHICAGO, Aug. 15, 2022 /PRNewswire/ -- Practifi, a performance optimization platform for the wealth management industry, today announced the rollout of its latest application for business development.
WESTHILL, United Kingdom, Aug. 15, 2022 -- Altera Infrastructure L.P. and certain of its subsidiaries, one of the worlds leading suppliers of infrastructure assets to the offshore energy industry, announced today that it has executed a Restructuring Support Agreement with approximately 71% of Alteras funded debt obligations, which includes Brookfield and a super-majority of its bank lenders.
Hedge funds slashed their long dollar positions and bet harder on a flatter yield curve, two macro trades that have come up trumps. The dollar last week fell to its lowest level on a broad basis since June, while the yield curve inversion reached levels not seen in over 20 years.
analyst
* Silver, platinum down over 1% each
(Updates prices)
By Brijesh Patel
Aug 15 (Reuters) - Gold prices slipped on Monday as the
dollar rebounded, with expectations of sharp ...
The U.S. Federal Reserve's plan to unwind its bond-bloated balance sheet has taken a backseat to its dramatic interest rate hikes of recent months - but it may make a comeback at Jackson Hole.
Brazil's central bank chief Roberto Campos Neto on Friday said he believes credit cards will cease to exist soon due to the growth of the open finance system, through which clients authorize financial data sharing with different institutions.
Copper fell on Friday as the dollar strengthened and data showed a decline in Chinese bank lending, but prices were still set to end the week up 3% as bets that U.S. inflation may have peaked powered a broad shift towards riskier assets.
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