Asian stocks steady after China GDP beat; bond yields sag
By Kevin Buckland TOKYO (Reuters) -Asian stocks edged up on Friday, drawing support from unexpectedly strong growth in China's economy at the end of last year, although gains were limited by caution ahead of Donald Trump's inauguration as U.
China is back to hoarding gold ahead of an uncertain time for its economy in Trump's second term
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
Global shares jump on easing yields, China growth
MSCI's global equities index rose on Friday while U.S. Treasury yields turned higher with the dollar as upbeat economic data and earnings appeared to help investors shrug off any jitters ahead of the U.
What's in store for the week ahead? US CPI and China’s GDP in the Spotlight
This week, attention will centre on inflation data from major economies, including the US, EU, and UK. Additionally, China's forthcoming release of its Gross Domestic Product (GDP) growth figures for the final quarter will be a critical gauge for its economic trajectory.
Transcript: China’s central bank overhaul
Justin Trudeau is resigning as Canada’s prime minister. And the outlook for Germany’s solar panel industry is a bit cloudy. Plus, China’s central bank is planning a policy overhaul. I’m Kasia Broussalian, and here’s the news you need to start your day. Canadian Prime Minister Justin Trudeau announced that he is stepping down.
Stock market today: Asian shares slip as China says economy hit 5% growth target in ’24
Shares are mostly lower in Asia after China reported that its economy grew at a 5% annual pace last year, hitting the government's target but slowing from the year before.
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
China’s inflation weakens near zero even after stimulus efforts
Factory deflation extended into a 27th month, though the producer price index recorded a slower drop of 2.3% compared to November.
Charting the global economy: Inflation cools in US and UK
US and UK inflation eased last month, boosting bond prices and increasing interest-rate cut expectations. The US core consumer price index fell for the first time in six months, while UK inflation cooled due to softer travel costs.
Why Trump’s Plan to Escalate Tariffs Has So Many Haters
Donald Trump is promising to put import taxes back at the center of US economic policy during his second term as US president. The country heavily taxed imports for much of its history before largely abandoning the policy,
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Here’s a First Step Toward President Trump’s Golden Age for America
Could a 50-year bond, redeemable in gold on America’s 300th Birthday, point the way out of the era of fiat money?
Trump’s tariff plans could be harming his ‘animal spirit’ investors
The big unknown is how far Trump is prepared to go to win a trade war before it winds up crushing animal spirits.