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US applications for jobless benefits come back down after last week's 9-month high
Associated Press Finance via Yahoo Finance· 6 days agoFewer Americans applied for unemployment benefits last week as layoffs remain at historically low...
Oil up after US economic data strengthens rate cut expectations
Reuters· 5 days agoThe number of Americans filing new claims for unemployment benefits fell last week, pointing to an...
European Shares Seen Up As Inflation Data Revives Fed Rate Cut Bets
RTT News· 6 days agoEuropean stocks are likely to open higher on Thursday as easing inflation led investors to price two U.S. rate cuts in 2024. According to CME FedWatch, over 50 percent of traders are pricing in a rate cut in September.
European Midday Briefing:
Morningstar· 6 days agoAfter the inflation report, markets' pricing of Federal Reserve interest rates "seems about where it 'should' be, ahead of the June FOMC in a little under a month's time," ...
Gold loses its bright and tumbles on firm US Dollar, Fed hawkish comments
The Forex Market· 5 days agoMixed US economic data includes higher jobless claims and mixed housing data. Gold prices fell in...
Silver posts highest close in 11 years, gold at 3-week high as CPI data show slowdown in inflation
Morningstar· 6 days agoSilver futures posted their highest settlement since 2013 on Wednesday, and gold futures rallied to a more than three-week high, after U.S. government data revealed a slowdown ...
Gold jumps as US CPI inflation fuels Fed rate cuts
The Forex Market· 6 days agoThe gold price (XAU/USD) gains traction amid the weaker US Dollar (USD) on Thursday.