Latest Updates Around The World
Domestic gold rates continued their losses on Monday, ahead of a slew of US economic data due later this week. While the chances of a rate cut in December remain bleak, the data, including nonfarm payroll data, could be a key trigger on which direction the Federal Reserve might lean.remains below Rs 126,500.2) RSI Yellow […]
Bitcoin fell to its lowest level in six months on Friday as a broad sell-off in risk assets deepened, while hopes faded that the Federal Reserve would cut US interest rates at its upcoming policy meeting. However, US stock sales fell slightly in the afternoon ahead of the weekend, but investors remained tense as they […]
The dollar gained against the euro and was roughly flat against the yen on Friday as stocks recovered from a sharp sell-off and traders weighed whether the Federal Reserve is likely to cut interest rates in December. A flood of data that was postponed during the federal government shutdown awaits publication starting next week. Risk […]
Gold prices fell 3% on Friday following a broader market sell-off fueled by hawkish comments from US Federal Reserve officials, dampening hopes for a rate cut in December. Spot gold fell 1.9% to $4,092.72 an ounce as of 2:33 PM ET (1933 GMT), after falling more than 3% earlier in the session. However, precious metals […]
Wall Street’s major indexes fell on Friday as technology stocks came under renewed selling pressure, while hawkish comments from Federal Reserve officials added to doubts about a December interest rate cut.At 9:36 a.m. ET, the Dow Jones Industrial Average fell 568.05 points, or 1.24%, to 46,889.17, the S&P 500 lost 73.29 points, or 1.09%, to […]
As the record year continues, gold is on track to post its strongest annual performance since 1979, up an impressive 58 percent since Wednesday (Nov. 12). The yellow metal broke past $4,200 an ounce again this week, closing in on its all-time high of $4,379.13 reached on October 17. Silver is up 80 percent this […]
Wall Street’s major indexes rose on Wednesday, with the Dow Jones at a record high, as investors cheered the likely end of the longest US government shutdown and positive earnings prospects from Advanced Micro Devices revived optimism around AI.AMD advanced 8.2% after the chip designer said it expects annual data center chip revenues to reach […]
The S&P 500 and Nasdaq fell on Tuesday as concerns about high technology valuations resurfaced, while markets closely watched progress toward the end of the longest government shutdown in U.S. history.Damping sentiment, a weekly update to ADP’s preliminary payroll figures showed that private employers cut an average of 11,250 jobs per week for the four […]
Trump posted an image on social media on Saturday that seemed to suggest he would propose 50-year mortgages, something like that FHFA Director Bill Pulte confirmed this shortly afterwards on X. The image Trump posted Truth Social shows a head shot of President Franklin Delano Roosevelt under the title 30-year mortgage, and his own head […]
TLDR: Kevin Hassett expects US GDP growth to reach 4% next year, amid a surge in capital spending. AI-powered productivity gains could increase long-term growth potential to around 2%. Hassett says the Fed risks appearing biased by delaying further rate cuts. Softer labor market data and budget uncertainty may be temporary, following the recent shutdown. […]
