Market News

US Preliminary GDP Exceeds Expectations; Gold Remains Near Record High; German, Spanish Inflation Weaker Than Expected.

New Zealand’s central bank has kept interest rates unchanged for a fourth straight time, maintaining the cash rate 5.5%. The hawkish tone of the meeting sent the New Zealand dollar sharply higher and equity markets significantly lower.

Gold Reaches $2,050, Record High in Sight; Kiwi Boosted on Hawkish RBNZ; US Dollar at 3-Month Low; Australian Inflation Weaker Than Expected

Gold Trading Above $2,010 on Low Volatility, Record High in Sight; US Dollar at 2-Month Low; Crude Oil Continues to Decline

Gold Finally Breaks Above $2,010, Record High in Sight; Crude Oil, US Dollar Continue to Decline

US Stock Markets Bullish, Especially Tech; Gold Bullish Near 6-Month High Against US Dollar; Crude Oil Falling

The Federal Reserve released late Tuesday the minutes of the Oct. 31-Nov. 1 Federal Open Market Committee (FOMC) meeting.

Fed Minutes Point to Surprising Strength of Economy; Gold Reaches $2,000; Euro, Aussie Hit 3-Month High Against US Dollar

US Dollar Continues Lower on Fed Rate Cuts Prospects; US Equity Indices Reach Multi-Month Highs; RBA Minutes Include Hawkish Comments

Silver exhibited a remarkable upswing during the early hours of Friday, reflecting the ongoing positive sentiment in the precious metals sector.

US Dollar Falls on Lower Inflation, Fed Cuts Prospects; Signs BoJ to End Stimulus Next Year; RBA Minutes Due Later

UK CPI Plummets to 4.6%; USD Recovers After Worst Day in Year; US Data Points to Soft Landing; Crude Oil Falls on Inventories

The US consumer price index (CPI) climbed 3.2% year-on-year in October, down from 3.7% in September and below the market estimate of 3.3%.

US CPI at 3.2%; Markets Expect 0.50% Rate Cut by July 2024; US Dollar Has Worst Day in Year; NASDAQ 100 Index Reaches 3-Month High; Markets Await UK Inflation Data

US CPI Seen Lower; USD/JPY Makes New 1-Year High, Approaches 33-Year High; WTI Crude Oil Continues Recovery