The US dollar gained strength following economic data that slightly exceeded inflation expectations, while jobless claims saw a modest increase. Traders are closely monitoring evolving Federal Reserve policies, as comments from Fed Governor Christopher Waller later today could provide further …
Gold prices kept rising on Friday as expectations grew for a Federal Reserve rate cut, and tensions in the Middle East pushed more investors to seek safety in the metal. Spot gold gained 0.5%, while futures followed with similar increases, …
As we approach midweek, Wednesday, 9 October 2024, global markets are set to react to several key developments, with investors keeping an eye on economic data, corporate earnings, and geopolitical factors. KEY INDICATORS Asian markets & China’s economic signals In …
Traders have adjusted their expectations for US interest rate cuts, with a November reduction now less certain and bond yields climbing. As market sentiment shifts, investors are keeping a close eye on key economic data to get a clearer idea …
As the new trading week begins today, 7 October 2024, global markets will be bracing for a busy period filled with economic data, central bank commentary, and geopolitical factors. Investors will focus on key developments from major economies, as well …
Gold prices held steady on Thursday, reflecting a cautious mood among traders as they await key US nonfarm payroll data, which could impact both gold’s short-term direction and Federal Reserve policy decisions. Amid ongoing geopolitical tensions in the Middle East, …
Gold prices held firm at $2,659.05 per ounce on Thursday, with traders paying close attention to the escalating conflict in the Middle East while anticipating key U.S. economic reports that could impact interest rate outlooks. U.S. gold futures increased by …
The first Wednesday of October 2024 is set to bring a range of important economic data and developments, with markets focusing on global growth trends, central bank policies, and geopolitical issues. Midweek trading will be influenced by crucial economic reports …
Welcome to the last trading day of September! As the month ends, today’s market action will be shaped by key economic data and developments. Investors are positioning themselves ahead of several important reports and events that could set the tone …
Gold prices are staying close to record highs as traders look ahead to the US Personal Consumption Expenditures (PCE) report for hints on the Federal Reserve’s next steps. Recent strong US economic data and increasing global tensions continue to make …
