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Next week, investors will focus primarily on the US labour market, with the releases of JOLTS Job Openings, the ADP report, the usual weekly Initial Jobless Claims, and the crucial Nonfarm Payrolls.
MA at $3323.80 as safe-haven demand fades. PCE data may steer Fed policy. XAU/USD eyes $3228.38 pivot, $3166.48 support next.
Copper was higher amid tight supply. Backwardation in the metal steepened again, with the spread between spot and three-month futures widening to $100/ton, ANZ research analysts said. Backwardation ...
The dollar fell and US Treasuries rallied after a report that President Donald Trump is considering naming Federal Reserve Chair Jerome Powell’s successor well before the incumbent’s term is scheduled ...
At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, in contrast to two who said they were open to the idea of cutting the fed ...
That message stands in contrast to recent comments from other Fed officials who say cuts could be considered in July.
Federal Reserve Bank of Richmond President Thomas Barkin said on Thursday tariffs are very likely to push inflation up over coming months, in remarks that said U.S. central bank policy is where it ...
Wall Street advanced on Thursday, nearing record highs with the S&P 500 and Nasdaq boosted by easing geopolitical tensions ...
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
Fed Governor Michael Barr is expecting that tariffs will put upward pressure on inflation, he said on Thursday. "Higher short ...
President Trump is getting closer to naming his replacement for Jerome Powell as his patience with the central bank chairman ...
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Asianet Newsable on MSNFed’s Barkin Warns Trump Tariffs Could Raise Inflation, But Less Than Pandemic SpikeHe echoed Federal Reserve Chair Jerome Powell’s remarks that the impact of President Trump’s tariffs on prices of goods has ...
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