Stay on top of your trading with analyses of the latest market news.
Key points: Weaker labor data could boost gold prices, according to analysts. The U.S. non-farm payrolls data is due at 1230 GMT. Gold is expected to reach another record high this year. Gold prices held steady on Friday and were …
Key points: The dollar index (DXY) remains close to an eight-week low ahead of a significant U.S. jobs report. Traders anticipate weaker jobs growth, which could influence future Federal Reserve rate cuts. The dollar hovered close to an eight-week low …
Key points: ISM services report shows higher business activity and faster new orders growth. The US dollar sees a slight recovery but remains under pressure ahead of Friday’s NFP report The latest Institute for Supply Management (ISM) services report revealed …
Key points: S&P 500 and Nasdaq indexes hit record closing highs, driven by technology stocks. Private payrolls data shows slowdown in May, indicating potential for Fed rate cuts. On Wednesday, the S&P 500 and Nasdaq indexes soared to record closing …
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