It’s so freezing! ! The afternoon is supposed to be the warmest time of the day, but on the afternoon of the 16th, the temperature in most parts of the country was “bleak”! The basic temperature in most of the north is below -5℃. When walking outside, the sun is shining so brightly that you … Read more
① Powell’s press conference this week triggered a strong response from the capital market, but also triggered concerns about “over-optimism”; ② As market enthusiasm surged, the three Fed officials who appeared on Friday all made efforts to manage expectations; ③It is not clear when Powell will next appear, but the minutes of this meeting will … Read more
Noha Makram – Live – European stocks jumped on Friday, extending the gains of a week that was filled with a range of monetary policy decisions by major central banks. The Stoxx Europe 600 index rose by 0.5% at midday trading, with mining stocks rising by 2.4% to lead the gains, with the majority of … Read more
Islam Saeed wrote Thursday, December 14, 2023 01:18 PM It rose gold prices The global market returned strongly to trading above the level of $2,000 per ounce, after the US Federal Reserve meeting, which changed its monetary policy and pushed the dollar to decline significantly to support gold’s rise again. Spot gold recorded an increase … Read more
Spot gold prices jumped more than 1% on Wednesday (13th) after the U.S. Federal Reserve (Fed) signaled that the interest rate hike cycle was over and that it might cut interest rates next year. U.S. stocks rose sharply in response, and U.S. bond yields and the U.S. dollar both weakened. goldThe spot price rose 1.3% … Read more
Written by Islam Saeed Wednesday, December 13, 2023 02:00 AM The World Gold Council published a report on the performance of gold for the year 2024. The report indicated that gold may move within a range, but it will witness clear fluctuations due to the overlapping factors affecting it during the coming year, whether the … Read more
Live: European stock indices declined at the end of Tuesday’s trading session, despite the rise in financial market confidence in the Eurozone economies, with attention turning to the Federal Reserve’s monetary policy meeting. At the end of trading, the European Stoxx 600 index fell by 0.2% to 472.7 points, with losses in the energy, mining, … Read more
gold futuresOn Friday (8th), it fell towards US$2,000 per ounce as the US non-farm payrolls report in November was better than market expectations, causing traders to reduce their bets that the US Federal Reserve (Fed) will cut interest rates before March next year. The US dollar and US Treasuries Rising yields have weighed on precious … Read more
Noha Makram-Live- US jobs rose faster than expected in November and unemployment fell despite signs of a weakening economy. US non-farm payrolls rose to a seasonally adjusted 199,000 during the month, which is slightly higher than the Dow Jones estimate of 190,000, and higher than the unadjusted October data of 150,000, according to the Labor … Read more
Welcome to another market overview for the S&P 500, Bitcoin and other cryptocurrencies. Last but not least, we will also look at the development of precious metals, which in recent weeks reflect the considerable interest of central banks in purchasing commodities as an opportunity to cut off state reserves and currency from the US dollar. … Read more