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The juxtaposition of record-high gold prices amid investor outflows from the metal is "explained only by unprecedented central bank buying," BofA said.
(Bloomberg) -- Grupo Elektra SAB, controlled by billionaire Ricardo Salinas Pliego, was removed from Mexico’s benchmark stock index after shares were
"The time has come for policy to adjust," Fed Chair Jerome Powell said at Jackson Hole, Wyoming, all but confirming an interest-rate cut in September.
"We do not seek or welcome further cooling in labor market conditions," Fed chairman Jerome Powell said in his speech at Jackson Hole.
– Mexico stocks were higher after the close on Friday, as gains in the Materials, Industrials and Telecoms Services sectors led shares higher.
The data cloud company's stock fell sharply this week. But it could get worse.
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Looking for ways to profit from the rise of AI? These companies are poised to win big with the technology.