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Asian Shares Swing Higher After a Wobbly Day on Wall Street
Gold has surged nearly 60% in 2025 as investors seek a safe haven amid trade tensions and expectations of multiple Federal Reserve interest rate cuts.
- Asian shares increased as hopes for a U.S. interest rate cut rose despite trade tensions between Washington and Beijing.
- Jerome Powell, the Federal Reserve Chair, indicated that the Fed is concerned about the job market, raising expectations for future rate changes.
- The S&P 500 fell by 0.2% to 6,644.31, while the Dow Jones Industrial Average rose by 0.4%.
- U.S. benchmark crude oil decreased by 10 cents, settling at $58.60 per barrel.
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Asian shares swing higher after a wobbly day on Wall Street
Shares have swung higher in Asia as hopes for a U.S. interest rate cut helped to offset worries over simmering trade tensions between Washington and Beijing.
·United States
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·New York, United States
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A Golden Quarter for Precious Metals- Can it Continue?
The precious metals sector of the commodities asset class led on the upside in 2025’s third quarter, as the composite of the four leading metals: gold, silver, platinum, and palladium posted a 20.32% gain. Over the first nine months of 2025, the sector was 55.92% higher than the level at the end of 2024.
Coverage Details
Total News Sources29
Leaning Left9Leaning Right2Center14Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 36%
C 56%
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