Gold Dips Below $4,600 On Oil-driven Inflation Fears
(RTTNews) - Gold prices fell more than 2 percent on Friday, reaching a more than one-week low and on track for a weekly decline.
Ackman's Pershing Square takes stake in Microsoft, citing 'compelling' valuation
Bill Ackman's hedge fund Pershing Square will disclose a new position in Microsoft later in the day, the billionaire investor said on Friday.
Oil Prices Climb As Hormuz Concerns Persist
(RTTNews) - Oil prices rallied on Friday as Hormuz concerns persisted and U.S. President Donald Trump claimed the United States will prevail in its war with Iran, "peacefully or otherwise".
UAE fast tracks second West-East oil pipeline to bypass Strait of Hormuz
The second pipeline project comes as global energy supplies remain under pressure and flows through the Strait of Hormuz remain severely limited
Trump-Xi summit: the 3 big takeaways from historic meeting in Beijing
The two-day meeting wrapped up Friday, setting the tone for further U.S.-China talks this year.
UK borrowing costs rise and pound falls as leadership drama continues
Analysts say the moves have been fuelled by concerns a Burnham-led government would increase government borrowing.
Defense stocks continue to come under pressure – why Citi is ‘reluctant’ to buy the dip
The iShares U.S. Aerospace & Defense ETF has dropped about 10% since the start of March.
Bull of the Day: CF Industries (CF)
As a global fertilizer shortage looms and the Strait of Hormuz faces an unprecedented blockade, one North American giant is stepping in to fill the void.