Tag - federal reserve

Gold reports its biggest daily tumble for 6 months
Gold reports its biggest daily tumble for 6 months

On Thursday, gold faced its most impressive daily dive for six months right after it had been reported that China and America were demonstrating huge progress in resolving their long lasting trade conflict…

Dismal American data underscores soaring headwinds to US economy
Dismal American data underscores soaring headwinds to US economy

In December, new orders for major American capital goods suddenly slumped in the face of decreasing demand for machinery as well as primary metals, indicating a sustained deceleration in business spending on equipment, which could further impact economic…

Evergreen buck goes down ahead of Fed minutes
Evergreen buck goes down ahead of Fed minutes

On Wednesday, the evergreen buck slumped versus the common currency and the UK pound because a dive in American Treasury gains diminished its attractiveness in the face of hopes for dovish news on interest rates from the major US bank…

Evergreen buck extends losses
Evergreen buck extends losses

On Tuesday, the evergreen buck kept slumping for three sessions in a row because dovish remarks from a Fed representative put downward pressure on the US currency…

American equities struggle for direction
American equities struggle for direction

On Tuesday, American shares struggled for direction due to the fact that profits in Walmart compensated losses in financials, with trade negotiations between China and America in focus…

Gold surges to fresh 9-month maximums
Gold surges to fresh 9-month maximums

On Tuesday, gold managed to rally because traders awaited the publication of the minutes from the recent Fed policy gathering with hopes for them to confirm the major financial institution’s dovish policy stance…

Gold is intact
Gold is intact

The postponed US-China summit as well as weaker estimates for the EU are playing into a decelerating global surge narrative, which could potentially brighten gold bugs' expectations…

Evergreen buck goes up ahead of Powell’s speech
Evergreen buck goes up ahead of Powell’s speech

On Wednesday, the evergreen buck jumped to a one-and-a-half-week maximum due to the fact that market participants awaited further signs from Fed Chair Jerome Powell on the outlook for the country’s monetary policy…

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