Bullion has maintained its strong position since the week opened and during the daily trading session with low volume due to the US market being closed for the Thanksgiving holiday. At 8:20 AM, the gold price was at $4,169, up 0.24% since it opened early Friday trading in the Asian session. The market is currently assessing the release of several important US economic data […]
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A cooling malfunction at a key CME data center forced a halt in trading across its major exchanges, including the CBOT, NYMEX, and COMEX. The disruption also spilled…
Wall Street stocks recorded gains, supported by economic data that strengthened expectations for the Federal Reserve (Fed) to cut interest rates in December. All three major US indices closed in positive territory, with the Dow Jones leading the market. However, the decline in artificial intelligence (AI) leader Nvidia shares limited the rise of the Nasdaq Composite index. Nvidia shares […]
Treasuries held firm for a second session, supported by rising confidence that US monetary policy is headed toward easing. Momentum strengthened after reports that Kevin Hassett,…
US retail sales increased more slowly in September, signaling that consumer demand is starting to weaken as the country has just emerged from a government shutdown that delayed the release of key economic data. Core retail sales rose only 0.2%, well below market expectations and half of August’s growth. Retail sales excluding automobiles, gasoline, building materials, and services […]
US stocks closed higher following increased expectations that the Federal Reserve (Fed) will cut the target fund rate in December. This rise was also supported by the strength of the ‘Magnificent Seven’ stocks, which drove the Nasdaq index to a record high. This situation helped investors reduce concerns about high valuations in the technology sector. The Dow Jones index rose 0.44% […]
Markets entered the week with renewed conviction that the Federal Reserve is preparing to ease policy in December, driving a fresh wave of optimism across…
The US dollar has remained steady since last week as investors assess dovish statements from Fed officials that have raised expectations for a rate cut in December, which should have limited the currency's gains. At 9:50 AM, the US Dollar Index (DXY) stood at 100.149 points, down 0.04% since it opened early Tuesday trading […]
The United States economy is expected to grow stronger in 2026 compared to the previous year, but job growth remains slow, according to the year-end NABE survey. Economists predict growth to increase to 2%, supported by higher consumer spending and business investment. Nevertheless, the new import tariffs by the Trump administration are expected to be a major obstacle, with almost all respondents considering it […]
Federal Reserve Governor Christopher Waller stated on Monday that he would support a rate cut at the December meeting, given that economic data has not changed much since the Fed's last decision. He described inflation as a diminishing issue, especially as the labor market shows significant weakness. Waller noted that the labor market remains weak with no signs of recovery […]