Keep an eye on the direction of gold prices. There is a chance of setting a new record of 2,080 dollars/ounce. After the Israel-Hamas war, the price surged to more than $165, while the Fed’s money management continues to create profit-selling pressure. Until there is an expected interest rate cut in May next year. Meanwhile, … Read more
After about thirteen years, the Czech Republic will experience an almost unexpected, but prayed-for phenomenon. In an optimistic scenario, the rate of inflation in the country will fall below the level of the Czech National Bank’s rates this month, i.e. below seven percent. At least for domestic banks, this will mean the de facto end … Read more
Dow futures soar more than 100 points as investors ease recession concerns. After Federal Reserve Chairman Jerome Powell (Fed) stated that the Fed will conduct monetary policy cautiously. by assessing potential risks to the economy As of 7:26 p.m. Thai time, the Dow Jones futures rose 116 points or 0.34% to 34,493 points. At the … Read more
Gold futures fell 0.2 percent to $1913.10 an ounce by 0527 GMT. US gold futures also fell 0.3 percent to $1,941.30. Gold has risen about 1.3 percent since the beginning of the week, which could be the first week of gains this month, with prices climbing to the highest level since August 10 on Thursday. … Read more
The Dow Jones continues to fall. Recently, it plummeted more than 100 points while investors sold to reduce their risk. ahead of a speech by Federal Reserve Chairman Jerome Powell tomorrow. As of 10:11 p.m. Thai time, the Dow Jones Industrial Average was 34,358.95 points, down 114.03 points or 0.33%, while the Nasdaq Index and … Read more
The Dow Jones Industrial Average fell more than 100 points after Federal Reserve Chairman Jerome Powell signaled he was willing to raise interest rates to curb inflation. As of 9:36 p.m. Thai time, the Dow Jones Industrial Average was 33,806.52 points, decreasing 120.22 points or 0.35%. Chip stocks fell today. Led by Nvidia (Nvidia) after … Read more
The index Dow Jones fell by 0.35%, the Nasdaq was up 0.22% and the broader index S&P 500 gained 0.24% around 2:15 p.m. GMT, pending decisions by the Fed. “Investors are bracing for one of the most important monetary decisions of recent times, with the Federal Reserve predicted not to raise its key rate for … Read more
The Dow Jones Industrial Average slipped more than 100 points after Federal Reserve Chairman Jerome Powell signaled he was going to raise interest rates to curb inflation. As of 10:50 p.m. Thai time, the Dow Jones Industrial Average was 33,427.48 points, down 108.43 points or 0.32%. Mr. Powell said “I understand the impact of high … Read more
The banking crisis tightened credit conditions “While financial stabilization tools have helped calm conditions in the banking sector, developments in the industry on the other hand are contributing to a tightening of credit conditions and are likely to affect economic growth, employment and inflation,” Powell explained. “As a result, we may not need to raise … Read more
The Dow Jones New York Stock Exchange closed lower on Wednesday (May 3) after comments by Federal Reserve Chairman Jerome Powell left investors uncertain. Will the Fed continue to raise interest rates? The Dow Jones Industrial Average closed at 33,414.24 points, a decrease of 270.29 points or -0.80%, the S&P 500 index closed at 4,090.75 … Read more