Gold rises more than 1% on risk-off mood, dollar pause
Non-yielding gold tends to do well in a low-interest-rate environment and during times of economic uncertainty. Gold prices gained more than 1% on Wednesday, with
EU agrees weakened climate target in final-hour deal for COP30
EU climate ministers agreed a 2040 climate change target in the early hours of Wednesday after watering down the goal in last-minute negotiations, as they
Wall Street bonuses expected to be highest in four years, consultancy says
Wall Street bonuses are expected to rise for the second year for traders and investment bankers on surging deal volume and market volatility, according to
Oil market glut: surging output and sluggish demand pressure prices
This blog post is part of a special series based on the October 2025 Commodity Markets Outlook, a flagship report published by the World Bank. This series
From the China Shock to the global relocation of production: Inequality consequences
Globalisation has raised living standards worldwide but has also fuelled concerns that international competition is eroding middle-class incomes and widening inequality within countries. The column
How AI can help detect warning signs of financial market stress
Predicting financial market stress is a significant challenge, as traditional models often fail to capture complex and nonlinear dynamics. This column highlights two recent advances
Barclays sees no further ECB rate cuts before end-2026 after policy decision
The ECB kept interest rates steady at 2% for the third meeting in a row. Barclays revised its forecast for the European Central Bank’s rate
Big manufacturing economies struggle as US tariffs hit order books
Euro zone factory activity stagnated as new orders flatlined and headcount fell. The world’s big manufacturing economies struggled to fire up in October, business surveys
Dollar index at three-month high, testing top of recent range
The yen was at 154.1 per dollar, languishing near an 8-1/2-month low, pressured by wide interest rate differentials. The dollar hovered near a three-month high
Gold gains on US interest rate expectations
Investors have their eyes on other news, including ADP U.S. employment data and ISM PMIs this week, for indicators that could alter the Fed’s hawkish
