Gold Climbs as Fed Official Signaled Possiblity of More Stimulus

Gold futures gained for the first time in a week as a Federal Reserve official signaled the possibility of more monetary stimulus, boosting bullion’s appeal as a hedge against possible inflation.

Lagarde Says China Economy Strong Enough to Weather Stock Plunge

China’s economy should prove resilient enough to withstand the stock-market rout that has prompted unprecedented efforts by the Chinese government to stem the decline, IMF Managing Director Christine Lagarde said.

Morgan Stanley Turns Aussie Bull to Predict Parity: Currencies

Morgan Stanley is breaking from the pack, becoming the first forecaster to predict Australia’s dollar will regain parity with its U.S. counterpart.

Chinese Investors Pursue U.S. Property Deals

First, it was the Japanese. Moneymen from Tokyo blew into the United States to buy famous pieces of the American landscape, from Rockefeller Center in New York to the Pebble Beach Golf Links in California.

Philippine Bonds Too Expensive for Julius Baer: Southeast Asia

Philippine dollar bonds, the best performing in Asia over the past year, are expensive compared with higher-rated debt from Persian Gulf nations, according to Bank Julius Baer & Co. Ltd.

China Helps First-Home Buyers as Market Cools: Mortgages

Kevin Xi had no trouble getting a mortgage to buy a 1.53 million yuan ($242,563) one-bedroom apartment in Beijing last month, even as China’s government tries to cool the housing market. He even got a 10 percent reduction on interest.

BofA Merrill Lynch Fund Manager Survey Finds Investors Displaying Growing Conviction in Growth

NEW YORK & LONDON--(BUSINESS WIRE)--Investors are increasingly bullish about prospects for global growth and a diminishing number expect further rounds of quantitative easing (QE) by central banks, according to the BofA Merrill Lynch Survey of Fund Managers for March.