Funding & Business
Gold Holds Decline as US-EU Trade Deal Eases Some Haven Demand
Gold steadied after the US and European Union announced they had reached a tariff agreement, staving off some concerns about a potentially painful trade war between the economies.
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JPMorgan Chase & Co. will cut the weight of the largest bond issuers in its flagship emerging-market index, diverting investor flows from the likes of China and India toward smaller nations.
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Ultimately, all of these tariffs discussions are about trade deficits, RBC Lead Equity Analyst Tom Narayan says on Bloomberg Surveillance. Narayan’s comments come as US President Donald Trump prepares to speak with Chinese President Xi Jinping on Friday. (Source: Bloomberg)
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Alaska Air Group Inc.’s adjusted third-quarter profit will be at the low end of the carrier’s previous estimate of $1 to $1.40 a share, driven down by a July technology outage and rising fuel prices.
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