Tag - federal reserve

American labor market is still tight
American labor market is still tight

American labor markets were still tight due to the fact that US businesses struggled to gain skilled employees and wages rallied a bit, as the Fed reported on Wednesday in its latest report on the US economy…

Gold keeps to 4-month minimum
Gold keeps to 4-month minimum

On Wednesday, gold was nearly intact, sticking with a four-month minimum because better-than-anticipated economic data from China kept global appetite for risky assets healthy and also tamed demand for havens…

Evergreen buck trades sideways
Evergreen buck trades sideways

On Tuesday, the evergreen buck was trading sideways, having slumped on Monday following remarks from the Fed’s Charles Evans suggesting that there won’t be any change in interest rates for more than a year…

Energy and tech stocks back Wall Street
Energy and tech stocks back Wall Street

On Tuesday, Wall Street's key indexes went up because Apple as well as chipmakers spurred tech stocks, while higher crude prices underpinned energy companies…

Greenback dives to wager on Fed rate reversal
Greenback dives to wager on Fed rate reversal

On Thursday, the evergreen buck faced heavy losses in Asia because the key US bank shocked the financial markets by giving up all of its plans to have rates lifted in 2019, which appears to be an indication that its three-year campaign to stabilize its…

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