Economic News

The Dow Rose 249 Points Because Jobs Data Don’t Matter. Stimulus Does. | Jacob Sonenshine

All three main U.S. inventory indexes soared to report closes within the face of disappointing jobs information. Traders are hungry for stimulus, and are extra satisfied it’s coming.

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Australian shares rise on US stimulus hopes, post fifth straight weekly gain |

in.reuters.com | … * Gold, healthcare shares restrict good points on ASX. * Aussie shares up 0.5% for the week. * NZ benchmark down for fourth straight session (Updates to shut). Dec 4 (Reuters) – Australian shares ended at a greater than one-week excessive on Friday, pushed by good points in …

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How you can use your IRA to invest in gold and other precious metals — and the federal tax implications | MSN Money

Tax Man explains learn how to use IRAs to make direct investments in precise valuable steel cash and bullion.

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Philippine jobless rate eases as economy reopens from lockdown

in.reuters.com | The Southeast Asian nation, which was one of many area's quickest rising economies earlier than the pandemic, continues to be struggling to comprise COVID-19 …

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UPDATE 3-Turkish inflation hits 14% as monetary policy pressure mounts | Daren Butler

in.reuters.com | (Provides finance minister, lira rebound). ISTANBUL, Dec 3 (Reuters) – Turkey’s annual inflation surged to 14.03% in November because the lira weakened, its highest since August 2019 and effectively above a 12.6% forecast, maintaining strain for tight financial coverage …

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How you can use your IRA to invest in gold and other precious metals — and the federal tax implications | Bill Bischoff

Tax Man explains the best way to use IRAs to make direct investments in precise treasured steel cash and bullion.

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FOREX-Dollar drops to fresh 2-1/2-year low on continued stimulus optimism | Reuters

* Mnuchin says Trump would signal McConnell stimulus deal * U.S. ADP report reveals slowing personal sector hiring * Euro hits contemporary 2-1/2-year peak * Sterling falls on unfavorable Brexit headline * Graphic: World FX charges in 2020 https://tmsnrt.rs/2RBWI5E (Recasts, provides new analyst…

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FOREX-Dollar clambers off 2-1/2 year low, risk currencies take breather | Reuters

The greenback clambered off a two-and-a-half-year low on Wednesday as traders assessed the chance of additional fiscal stimulus in the US, whereas a rally in riskier currencies misplaced steam.

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