The movement came after the FOMC Chair Jerome Powell didn’t drop a signal as to when the central bank would start reducing its asset purchases and reiterated his view that current inflations spikes are transitory. 1,856 comes next ahead of the June 1 highs of 1,916. Markets and instruments profiled on this page are for […]
“To be in my fourth Paralympic Games, in my 17th year, and still unbeaten, I don’t even know what to say. …Read the full story
American wrestler Gable Steveson has been on the go since his dramatic last-second victory in the freestyle heavyweight final put him at the top of the podium in Tokyo. “It was actually really hard, to be honest, just because we planned on going way before we got to Tokyo,” he said. “When I got to […]
“He’s a true fighter, I’m so proud,” he said just after the win. Malyar’s twin brother, Ariel Malyar, is also competing at the Tokyo Paralympics. Malyar’s gold medal marked the fifth medal so far for Israel at the Tokyo Paralympics and its second medal on Sunday alone. Samuel, 39, was one of Israel’s flagbearers at […]
In the crypto space, BTC/USD is 0.66% in the black trading at $47,160.Looking at the news, Fed’s Kaplan says the Fed rate liftoff would be appropriate in 2022. …Read the full story
While at first blush the latest inflation data appears to be negative for gold, some market analysts have said the Fed doesn’t have to react to an overheating economy and have room to maintain their ultra-accommodative monetary policies. …Read the full story
“You should see the amount of work this lady puts in day in and day out. …Read the full story
The softer US Initial Jobless Claims data relieve some pressure off the gold prices amid concerns that the Fed will start a reduction in its bond-purchasing program. However, cautious sentiment ahead of Fed Chair Jerome Powell’s speech at the Jackson Hole Symposium probes the gold prices of late. Furthermore, Blast at Kabul airport and reports […]
– Gold and silver prices are modestly higher in early trading Friday, as the market event of the week, if not the month, lies just ahead: Federal Reserve Chairman Jerome Powell’s speech at the annual Kansas City Fed symposium. The annual Fed confab being held in Jackson Hole, Wyoming late this week has seen four […]
In FX markets, the dollar index is 0.13% higher and the biggest mover is AUD/USD which fell 0.20%. …Read the full story
Gold continues to struggle to break above resistance, with the bulls trying to wish it so. With Silver at 23.71 based on December futures, there is a better chance to see 22 than 25. However, based on the current action, that day is not today, nor is it in the near future. The worst trade […]
– Gold and silver prices are lower in midday trading Wednesday, but up from session lows, on some routine profit taking and downside corrections after recent gains. Many traders and investors are thinking the Federal Reserve will decide to extend its easy-money policies for a longer period of time than they had reckoned just a […]
Investors are still on the fence whether or not Powell might reveal a tapering plan at the Jack Hole Symposium, which is being held virtually this year. The combination of light news flow, few economic releases and caution ahead of the Jackson Hole event has taken all of the excitement out of the markets. “I […]
The Japanese capital has been under the emergency since July 12, but new daily cases have increased more than tenfold since then to about 5,000 in Tokyo and 25,000 nationwide. Japan has weathered the pandemic better than many other countries, with around 15,600 deaths nationwide since the start, but its vaccination efforts lag behind other […]
The overnight goodish pickup in the US Treasury bond yields helped the USD to stall its recent corrective fall from a nine-and-half-month top. The global risk sentiment got a lift after China said that it had stopped the community spread of COVID-19, which restored confidence in the country’s growth dynamics for the rest of the […]
– Gold and silver prices are trading lower in early dealings Wednesday, on routine downside corrections after recent gains. Many traders and investors are thinking the Federal Reserve will decide to extend its easy-money policies for a longer period of time than they had reckoned just a few weeks ago, due to the rapidly spreading […]
