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Gold drifts higher as rising Fed rate cut expectations boost appeal
Reuters· 5 days agoGold prices inched up on Thursday following a sharp rise in the last session as the dollar and bond yields weakened on the increasing likelihood of rate cuts by the U.S. Federal ...
European Midday Briefing:
Morningstar· 5 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," Pepperstone said.
Morning Bid: Buoyant start to 'Nvidia week'
Reuters· 1 day agoWorld markets, heady on hopes for renewed U.S. disinflation and another attempt by China at shoring up its ailing housing sector, entered the new week on...
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Altcoins rescued as BTC acts on CPI data
The Forex Market· 5 days agoBitcoin (BTC) price rescued altcoins on Wednesday following US inflation data, which was measured by...
US higher PPI but lower CPI inflation leading to Dollar weakening, UK job market cooling data
The Forex Market· 6 hours agoThe latest UK labour market figures show that the labour market is cooling and that’s gradually...
Foreigners sold Asian bonds in April amid firm dollar, Fed uncertainty
Reuters· 4 days agoForeign investors were net sellers of Asian bonds for a second straight month in April as a strong...
Pound Sterling struggles to climb above 1.2700 with eyes on UK Inflation
The Forex Market· 4 days agoInvestors expect that the BoE could start reducing interest rates in the June or August meeting. The...
Mexican Peso rallies as softer US inflation data weighs on US Dollar
The Forex Market· 6 days agoMexican Peso recovers after two-day decline, buoyed by weaker-than-expected US CPI report. The...
Forex Today: Cautious Fedspeak, data bolstered the Dollar
The Forex Market· 5 days agoThe Greenback regained some balance and managed to partially reverse its recent strong sell-off,...
U.S. Dollar Falls as Market Awaits CPI Data
Barrons.com· 6 days agoThe big issue for the U.S. inflation outlook is if producers manage to pass rising costs on to consumers, Elias Haddad, senior markets strategist at...