Dollar edges higher ahead of key data; euro weakens on German inflation – Investing.com
Investing.com – The US dollar rebounded from recent lows and edged higher on Thursday ahead of a series of key economic data, while the euro fell. As of 4:10 a.m. ET (9:10 a.m. GMT), the dollar index, which indexes the greenback against six other currencies, was trading up 0.2 percent at 101.182 after falling to […]
Gold prices rise, keep record highs in sight as inflation test approaches – Investing.com
Investing.com — Gold prices rose in Asian markets on Thursday, hovering near record highs as the dollar's rebound slowed ahead of the release of a key inflation reading that is likely to influence prospects for interest rate cuts. Safe-haven demand also boosted gold prices, especially after disappointing earnings results from market darling Nvidia Corporation (NASDAQ:) […]
Gold prices pulled off record high as dollar recovers amid inflation watch – Investing.com
Investing.com — Gold prices edged lower in Asian markets on Wednesday as the dollar recovered from a 13-month low, but attention was focused on upcoming key inflation data for further clues on interest rates. But gold remains on track to hit a record high this month as geopolitical worries boost demand as a safe-haven asset […]
Currencies tread water as Middle East risks temper rate cut optimism By Reuters – Investing.com
By Ray Wee SINGAPORE (Reuters) – The dollar and yen fell on Tuesday, giving back some of the safe-haven gains they had made earlier in the week, after a major missile attack between Israel and Hezbollah raised fears of further escalation of tensions. An impending US interest rate cut also remained top of mind for […]
Oil prices rise with no Gaza ceasefire in sight – Investing.com
Investing.com — Oil prices rose in Asian markets on Monday, continuing a rebound from the previous day’s trading as media reports showed no progress towards a ceasefire between Israel and Hamas and hostilities continued in the region. Oil markets also rose on optimism about lower U.S. interest rates after Federal Reserve Chairman Jerome Powell’s comments […]
Jackson Hole, US futures, Harris's nomination – what's moving markets – Investing.com
Investing.com — Wall Street is expected to trade in a narrow range on Thursday ahead of more labor macro data, a speech from Vice President Kamala Harris and, perhaps more importantly, the start of the Jackson Hole Symposium on Friday. 1. Powell speech will shape market stance All eyes will be on Grand Teton National […]
Gold prices nurse tumble from record highs with Powell, rate cuts in focus – Investing.com
Investing.com — Gold prices rose in Asian markets on Friday, but managed to halt losses from a record high hit the previous day as growing caution ahead of a speech from Federal Reserve Chairman Jerome Powell gave the dollar some support. Gold surged to a record high earlier this week amid growing confidence that the […]
Memecoin Ecosystem WOMIO Announces Presale and Unveils Blueprint to Extend Memecoin Utility By Chainwire – Investing.com
Dubai, UAE, August 18, 2024, Chainwire Memecoin Ecosystem WOMIO announced its presale and shared its vision to increase the utility of memecoins. The WOMIO platform simplifies the launch of multi-chain memecoins while supporting new use cases that drive the industry forward. WOMIO will host a token presale on August 21st at 19:00 (CET) to provide […]
Uranium prices outlook for 2024 as per Citi – Investing.com
Prices have been under pressure recently, trading slightly lower within a tight range due to limited trading volumes and liquidity. However, this slump in uranium prices is expected to ease as demand for nuclear energy continues to grow but supply is struggling to keep up, according to a note released Monday by analysts at Citi […]
Gold prices rise, record highs close as CPI data fuels rate cut bets – Investing.com
Investing.com — Gold prices rose in Asian markets on Thursday, hovering near record highs as weaker-than-expected U.S. consumer price data raised hopes the Federal Reserve will start cutting interest rates. Rising risk appetite also capped gains in gold prices, while a monthly rise in inflation led traders to expect a smaller rate cut in September. […]