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  • Mar 16, 2025

US stocks gain, gold hovers near all-time high as Russia-Ukraine talks in view

NEW YORK (Reuters) -Wall Street stocks ended higher and gold held near $3,000 per ounce on Monday after mixed economic data and ahead of talks between U.S. President Donald Trump and Russian President Vladimir Putin aimed at ending the Ukraine war. Trump said he would speak with Putin on Tuesday to discuss a potential Russia-Ukraine cease-fire proposal, which could alleviate some geopolitical uncertainty. "There has been a pretty big selloff, so some sort of a rebound, is to be expected and I think that's part of what we're seeing," said Oliver Pursche, senior vice president at Wealthspire Advisors, in New York.

  • Mar 16, 2025

Goldman Cuts Oil Forecasts on Slow US Growth, OPEC+ Policy

(Bloomberg) -- Goldman Sachs Group Inc. cut its oil price forecasts, as tariffs reduce the outlook for US growth while OPEC and its allies boost output.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressSaving the Signature Sound of Washington, DCThe move follows a drop in crude prices from this year’s high

  • Mar 16, 2025

World’s Biggest Stock Rout Deepens as Thai Market Rescue Falters

(Bloomberg) -- An ambitious campaign to revive Thailand’s battered stock market is falling flat, as entrenched pessimism about the economy accelerates a foreign funds exodus. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressSaving the Signature Sound of Washington, DCSeven months after $4.5 billion was ne

  • Mar 16, 2025

What if the Market Crashes? Bitcoin vs. XRP

Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) might be a bit safer than some crypto assets, but it isn't as though they're rock solid when things are falling apart. As the Nasdaq Composite and S&P 500 enter correction territory, investors are starting to worry more about a potential market crash. To start, let's take a look at how Bitcoin and XRP performed during the early 2020 coronavirus market crash.

  • Mar 16, 2025

U.S. calls for better access to Korean market, South Korean trade minister says

The United States has called for better access to the Korean market, particularly in the agriculture and technology sectors, South Korea's trade minister said on Sunday. Trade Minister Cheong In-kyo was returning from a trip to Washington where he asked his U.S. counterpart, Jamieson Greer, to exempt the country from tariffs if they go into effect in April. But he expected U.S. President Donald to go ahead with announcing tariffs on April 2 as scheduled, especially on countries like South Korea which have trade surpluses with the United States.

  • Mar 16, 2025

Market Turmoil Breaks Years of Junk Debt Outperformance in EM

(Bloomberg) -- A plunge in global risk appetite is pushing emerging-market investors into higher quality dollar bonds, signaling a years-long rally in junk debt from developing nations might be at an end. Most Read from BloombergHow Britain’s Most Bike-Friendly New Town Got BuiltICE Eyes Massive California Tent Facility Amid Space ConstraintsThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressSaving the Signature Sound of Washington, DCMoney ma

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