Gold prices continue to climb, holding near record highs as uncertainty surrounding the upcoming US election and geopolitical tensions in the Middle East fuel strong demand for the precious metal. With ongoing market volatility and the potential for interest rate …
Gold prices stayed steady during early Asian trading as investors wait for important US economic data and clues about the Federal Reserve’s next move on interest rates. A possible rate cut in November and ongoing tensions in the Middle East …
Japan’s Nikkei 225 index hits a three-month high. Driven by a tech stock rally and a weakening yen, the market mirrors US gains. As Tokyo’s bourse rides this wave of optimism, investors watch closely to see if the momentum will …
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 …
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