Value of Australian dollar now dependent on interest rates, commodities prices and geopolitics
The Australian dollar has been on a slow march down from a peak of 109 US cents achieved…
China’s offshore yuan breaks major benchmark as appreciation momentum builds
China’s offshore yuan strengthened further on Thursday, dipping below the benchmark rate of seven against the US dollar…
China expands digital-yuan push to Singapore and Asean trade routes
In an effort to further promote the internationalisation of China’s currency, Beijing has pledged to expand the use…
Warren Buffett’s currency devaluation warning video resurfaces amid US dollar low, ‘Push towards weaker currencies…’
Omaha-based investment giant, Berkshire Hathaway, Chairman and Chief Executive Officer (CEO), Warren Buffett’s video warning about a currency…
China cuts US Treasury holdings to lowest level since 2008 amid debt ceiling fears
China reduced its US Treasury holdings in October to its lowest level in 17 years, as mounting concerns…
A precious metals power surge: Silver’s record run reawakens gold bulls
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and…
Fed sees continued jobs weakness but inflation worries rise, members have “strongly differing views” on December – Fed Minutes – KITCO
Fed sees continued jobs weakness but inflation worries rise, members have “strongly differing views” on December – Fed…
China’s US Treasury holdings edge up as long-term sell-off continues
China slightly increased its US Treasury holdings in August and September – though the uptick did little to…
Next financial meltdown could be much worse with US on sidelines
This is the second in a two-part series. Read part one here. Globalization has always had its critics…
Gold price firmer as global stock markets a bit wobbly
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a…
New phrase, new phase? China’s central bank adjusts language on yuan internationalisation
China’s central bank has adopted a more proactive tone when describing its efforts to promote the global use…
Jobs and inflation have not changed much, but growth may be better than expected – Fed Chair Powell – KITCO
Jobs and inflation have not changed much, but growth may be better than expected – Fed Chair Powell KITCOWatch…