Gold (XAU) Price Forecast: Will Safe-Haven Flows Offset Rising Yields Ahead of CPI? – FX Empire
Daily US Treasury 10 Year YieldGold's rally bucked typical market behavior as the 10-year Treasury yield soared to 4.79% and the U.S. dollar hit a multi-year high. This situation typically puts pressure on gold as the opportunity cost is high and the price becomes unfavorable for non-dollar buyers. However, growing concerns about the U.S. fiscal […]
Russian gas flows to Europe via Ukraine cease as transit agreement expires | Russia
Russian gas has stopped flowing to Europe through Ukraine, ending a key energy route that dates back to Soviet times and withstood three years of all-out war between the two countries. Ukraine cut off the shipping route after the agreement signed in 2019 expired in the early hours of New Year's Day. This marks a […]
Australian Dollar holds losses as the US Dollar appreciates due to safe-haven flows – FXStreet
The Australian dollar strengthened after RBA meeting minutes highlighted the importance of maintaining restrictive monetary policy. The People's Bank of China's Monetary Policy Committee (MPC) has decided to maintain the interest rate in November at the current level of 3.1%. As tensions rise over the conflict between Russia and Ukraine, the U.S. dollar is receiving […]
ETF flows on track to hit record above $1 trillion by year-end, VettaFi data shows – CNBC
Investors poured more than $915 billion into exchange-traded funds in 2024 as of Wednesday, setting a new record, according to VettaFi. With the election providing a new impetus, inflows are expected to reach the $1 trillion milestone by the end of the year, the company said. “Demand for ETFs and usage of ETFs has accelerated […]
Mets celebrate playoff berth as champagne flows in clubhouse
The celebration was held at the Mets' clubhouse. The Amazons defeated the Braves 8-7 in a thrilling come-from-behind victory in Game 1, clinching their second postseason berth in three seasons and finally enjoying the fruits of their labor over plenty of champagne, beer, and cigars. I was able to enjoy it. Doubleheader at Trust Park […]
Gold climbs to record highs as geopolitical risks boost safe-haven flows – FXStreet
Gold prices traded in positive territory in the early morning European session on Monday. Federal Reserve interest rate cuts and geopolitical risks in the Middle East continue to support precious metals. Renewed demand for the US Dollar may limit the upside of XAU/USD. Gold prices (XAU/USD) hit a record high on Monday, supported by a […]
Ether ETF flows turn positive for first time in 2 weeks, bolstered by BlackRock – Cointelegraph
Inflows into Ethereum exchange-traded funds (ETFs) have turned positive for the first time in two weeks. Nine U.S. spot Ether (ETH) ETFs recorded a cumulative net inflow of $5.9 million worth, marking their first strong day since Aug. 14. BlackRock's ETF (ETHA) saw the largest single-day inflows, at $8.4 million, according to Far Side Investors. […]
Japanese flows and yen show markets recovering from BOJ scare – Yahoo Finance
Gaurav Dogra and Brigid Riley (Reuters) – Japanese investment data on Friday confirmed what the yen’s slide all week had been suggesting: that after a frightening burst of uncertainty, global investors were again betting the Bank of Japan would slow the pace of interest rate hikes and keep the yen weak. Japanese investors poured more […]