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Monday, January 6, 2020

Shares erase new year gains, gold, oil soar on U.S. and Iran trade threats

Tensions in the Middle East after the killing of a top Iranian general by the United States erased new year gains for a gauge of world shares on Monday as investors pushed safe-haven gold to a seven-year high, and oil jumped to its highest since September.


from Reuters: Business News https://ift.tt/2MWczeT

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Rates low for too long, says ex-Bank of England boss

Lord Mervyn King says inflation has now been tamed and interest rates are "in the right ballpark". from BBC News https://ift.tt/...