Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates
Rising expectations for a September rate cut following the latest inflation data bolstered demand for bullion. Original source: https://www.cnbc.com/2024/07/16/gold-heads-for-record-high-close-on-view-the-fed-poised-to-cut-rates-.html
Read More »Asian stocks tread water amid mixed Chinese, Japanese inflation
Original source: https://www.investing.com/news/stock-market-news/asian-stocks-tread-water-amid-mixed-chinese-japanese-inflation-3512871
Read More »Fed Semi-Annual Policy Report: Need greater confidence before moving to rate cuts
In its Semi-Annual Monetary Policy Report published on Friday, the Federal Reserve (Fed) noted that they have seen modest further progress on inflation this year but added that they still…
Read More »US Dollar (DXY) Back to Flat on the Day After German Inflation and US ISM Data
The US dollar opened the week lower, knocked back by Euro strength, but is now trading at its best levels of the session after the latest German inflation data and…
Read More »Equities Q3 Fundamental Outlook: Bullish Momentum to Slow
The outlook for US indices is still bullish, but headwinds like stubborn inflation data, inflation expectations, a less inclusive rally, and a seasonal consolidation limit the extent that indices are…
Read More »Asian stocks drift higher with China trade, inflation in focus
Original source: https://www.investing.com/news/stock-market-news/asian-stocks-drift-higher-with-china-trade-inflation-in-focus-3494841
Read More »London stocks slip amid sluggish drop in services inflation
Original source: https://www.investing.com/news/stock-market-news/london-stocks-wobble-after-drop-in-services-inflation-3488929
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