Gold prices steady near $2,700 as markets digest Fed rate cut, Trump 2.0 – Investing.com
Investing.com — Gold prices fell in Asian trading on Friday, as markets digested the effects of Donald Trump's second term as president, even as the dollar weakened following a Federal Reserve interest rate cut. Despite this, I felt little sense of security. The yellow metal took a hit this week as the dollar soared following […]
Harris support among Black swing-state voters steady: Survey
Vice President Harris maintains a lead over former President Trump among black voters in battleground states, according to a new poll. ofHoward University Polling InitiativeThe poll found that 84% of likely black voters in Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin will support Harris in November. Only 8% said they supported Trump. But […]
Commodities Steady as China Pledges More Support for Growth – Yahoo Finance
(Bloomberg) — Commodity prices stabilized after China pledged more support for its stagnant economy. Most Read Articles on Bloomberg Although the Treasury stopped short of revealing specific spending plans for fiscal stimulus at a closely watched conference on Saturday, investors were reassured by the Treasury's promise to boost growth. The plan includes further support for […]
Dollar steady ahead of Fed minutes, NZ dollar falls after rate cut – Yahoo Finance
Written by Brigid Riley TOKYO (Reuters) – The dollar was flat on Wednesday as investors paused to assess the outlook for the path of U.S. interest rates, adding some support to the yen and other major currencies, which soared to a seven-week high last week. It gave me a sense of relief. The New Zealand […]
A visibly shaky Walz says the world needs ‘steady leadership’
Minnesota Gov. Tim Walz began his debate against Ohio Sen. J.D. Vance on shaky ground when he was first asked about his foreign policy platform in the Middle East. “Governor Walz, if you were the last speaker in the Situation Room, would you support or oppose an Israeli pre-emptive strike on Iran?” CBS' Margaret Brennan […]
Gold (XAU) Daily Forecast: US PCE Data Looms, XAU Steady Near Key $2,665 Support Level – FX Empire
Geopolitical tensions in the Middle East continue to support demand for safe-haven assets such as gold, but rising risk appetite and a strong dollar are limiting upside. However, expectations that the Fed will cut rates significantly in November are providing fundamental support for gold. Impact of US economic development and Fed expectations on gold prices […]
Bank of Japan keeps benchmark interest rate steady as it treads cautiously on normalizing policy – CNBC
The Japanese flag flies above the Bank of Japan's headquarters building (below) in Tokyo on April 27, 2022. Nogi Kazuhiro | AFP | Getty Images The Bank of Japan kept its policy rate unchanged at about 0.25% – the highest since 2008 – at the end of a two-day meeting on Friday. This decision: Reuters […]
GBP/USD holds steady as BoE rate call looms ahead – FXStreet
GBP/USD hits highest 30-month price following Fed rate cut. The BoE's interest rate forecasts are due to be released on Thursday but no changes are expected. UK retail sales are due to close the week on Friday. GBP/USD rose to a 30-month high on Wednesday, approaching 1.3300, after the US Federal Reserve cut interest rates […]
US stock futures steady with rate cuts in focus – Investing.com
Investing.com — U.S. stock index futures were steady in Asian trading on Friday as investors maintained hopes of lower interest rates ahead of a Federal Reserve meeting that could herald a larger cycle of monetary easing. Wall Street stock indexes this week largely ignored strong consumer and producer price readings and were also boosted by […]
USD/CAD holds steady above mid-1.3500s, eyes 200-day SMA amid modest USD strength – FXStreet
USD/CAD is regaining some positive momentum amid continued USD buying interest. Weak oil prices have weakened the Canadian dollar, providing further support to major currencies. Traders are now focused on a speech by Bank of Canada Governor Macklem ahead of the release of the U.S. Consumer Price Index on Wednesday. In the Asian session on […]