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Gold Makes Modest Moves on Sharpest Daily Rise in 2 Months

March 10, 2021
Finance
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Gold futures made modest moves in either direction on Wednesday, as a stable U.S. dollar and a pick up in yields for sovereign debt, one of the most influential headwinds for bullion, ticked higher. A report on U.S. consumer prices also appeared to momentarily weigh on precious metals, with assets perceived as risky gaining some […]

March 10, 2021
Finance
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LONDON, March 10 Reuters Copper prices rose on Wednesday as traders hoped a pullback from tenyear highs had run its course and that the metals spectacular rally would resume. Strong demand from China and expectations of yearslong supply shortages encouraged a wave of speculative buying that drove prices to 9,617 on Feb. 25, the highest […]

March 10, 2021
Business
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SHANGHAI, March 10 Reuters China is considering adjusting the investment threshold for Shanghais techfocused STAR Market to boost liquidity and improve rules for the registration system. We suggest adjusting the investment threshold as the liquidity conditions for the STAR Board are not that ideal, Fan Yun, a deputy to Chinas National Peoples Congress, was quoted […]

March 10, 2021
Business
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Zara owner Inditex forecast healthy sales as soon as lockdowns are lifted, after the coronavirus crisis knocked its net profit to 1.1 billion euros 1.31 billion in 2020, a drop of 70 on the previous year. Inditex said on Wednesday that it hoped that nearly all of its 6,829 shops worldwide would reopen by midApril, […]

March 10, 2021
Business
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Swedish lithiumion battery maker Northvolt said on Wednesday it had bought U.S. startup Cuberg to get access to technology that would boost the range of electric vehicles that can use its batteries. Cuberg, spun out of Stanford University in 2015, has created battery cells that deliver increased range and capacity by 60 versus comparable lithiumion […]

March 10, 2021
Business
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The head of Credit Suisses European asset management division and two other employees who worked on the banks Greensill Capital supplychain finance funds have temporarily stepped aside, according to an internal bank memo. Credit Suisse froze 10 billion worth of funds last week that invested in securities created by the specialty finance firm. Greensill Capital […]

March 10, 2021
Politics
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Russia and China are making plans to further their geopolitical relationship, this time in space with the building of a new lunar station. The countries space agencies, Russias Roscosmos and Chinas National Space Administration, signed Tuesday a memorandum of understanding on behalf of their respective governments signaling their commitment to create a new lunar space […]

FTSE 100 Technical Analysis: Narrowing Range Setting the Table

The FTSE is working on a triangle pattern that points to an eventual breakout; upside favored at this time but will need to wait for further cues.

March 10, 2021
Business
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TOKYO, March 10 Reuters Japanese insurer Tokio Marine Holdings Inc said on Wednesday it is investigating the validity of insurance policies provided by its Australian unit to speciality finance firm Greensill. Greensill filed for insolvency on Monday after losing insurance coverage for its debt repackaging business and said that its largest client, GFG Alliance, had […]

March 10, 2021
Business
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Just Eat Takeaway.com expects further growth in 2021 after a surge in business during the COVID19 pandemic helped it meet expectations for fullyear 2020 earnings, the online foodordering and delivery company said on Wednesday. It expects to win market share in Britain in 2021, and achieve revenue growth, despite plans by rival Deliveroo for a […]

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Gold Makes Modest Moves on Sharpest Daily Rise in 2 Months

Copper Rises as Speculative ClearOut Makes Way for Further Gains

China Considers Adjusting Investment Limit for STAR Market

Inditex Looks PostLockdown with Optimistic Spring Range

Swedish Battery Maker Northvolt Buys U.S. Startup Cuberg

Credit Suisse Employees Step Aside after Greensill Collapse

Russia and China Look to Deepen Ties this Time, on Moon

FTSE 100 Technical Analysis: Narrowing Range Setting the Table

Japans Tokio Marine probing validity of Greensill insurance policies

Just Eat Takeaway.com sees Growth even as Pandemic Eases

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