Tag: awaited
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Gold treads water as Fed fears persist, more data awaited
[ad_1] Investing.com — Gold prices moved little on Monday as markets digested hawkish yet reiterative comments from the Federal Reserve, with a slew of major economic readings on tap this week. Fed Chair Jerome Powell had warned on Friday that U.S. interest rates could still rise further to curb sticky inflation – a scenario that…
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Silver dropped on profit booking as traders awaited Fed Powell’s speech
[ad_1] yesterday settled down by -0.59% at 73568 on profit booking as investors cautiously awaited Federal Reserve Chair Jerome Powell’s address at the central bank’s annual symposium at Jackson Hole, Wyoming this week to guide the monetary policy outlook. The greenback came under pressure as Treasury yields fell sharply after data showed US business activity…
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Gold steadied as investors awaited Fed minutes for more clues
[ad_1] Gold yesterday settled down by -0.52% at 58107 as the yield on the US 10-year Treasury note hovered around 3.7%, as investors weigh fresh economic data pointing to a resilient economy and prospects that interest rates will continue to march higher. Durable goods orders beat forecasts for a third consecutive month, new home sales…
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Gold moves further above $1,900 support, more Fed cues awaited
[ad_1] Investing.com– Gold prices steadied further above key support levels on Tuesday, but the yellow metal still remained under pressure as markets awaited more cues on monetary policy from the Federal Reserve this week. Bullion prices saw some relief over the past two sessions, after the Fed’s read lower than expected for May. But the…
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Eels electrify at the Roundhouse in long awaited tour – review | Music | Entertainment
[ad_1] Eels’ long-awaited Lockdown Hurricane tour, postponed three times and their first in 4 years feels like a band going all out at their blistering, bluesy best. They are truly making up for lost time with their UK dates including tonight’s sold-out at Camden’s Roundhouse show, Glasgow’s Barrowlands, and Manchester’s iconic Albert Hall, following up…
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Oil prices rattled by U.S. banking crisis, CPI data awaited
[ad_1] By Ambar Warrick Investing.com– Oil prices crept lower on Tuesday and were nursing heavy losses from the past session as ructions in the U.S. banking sector brewed increased concerns over a potential economic crisis, with focus now turning to more cues from inflation data due later in the day. Crude prices tumbled between $2…
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Gold prices edge higher but eye weekly loss, PCE data awaited
[ad_1] By Ambar Warrick Investing.com — Gold prices rose slightly on Friday, but were set for a fourth consecutive week in red amid growing uncertainty over U.S. monetary policy, with markets seeking more cues from a reading on the Federal Reserve’s preferred inflation gauge later in the day. The yellow metal saw some relief as…
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Gold moves little after worst week in 7 months, Powell talk awaited
[ad_1] By Ambar Warrick Investing.com — Gold prices were muted on Monday after logging their worst week in seven months, with focus now turning to a discussion with Federal Reserve Chair Jerome Powell after stronger-than-expected U.S. employment data ramped up fears of more monetary tightening. Gold prices plummeted 2.5% on Friday and lost over 3%…
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Gold treads water above $1,900, more economic cues awaited
[ad_1] By Ambar Warrick Investing.com– Gold prices hovered around eight-month highs on Tuesday, having stuck to a tight range in recent sessions as investors awaited more cues from a slew of economic data due this week, with particular focus on any signs of a recession. Trading volumes in the yellow metal were also limited by a…
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Oil under pressure as recession fears bite, U.S. CPI data awaited
[ad_1] By Ambar Warrick Investing.com– Oil prices fell further on Thursday amid growing concerns over a slowdown in global economic growth, with focus now turning to upcoming U.S. inflation data that is expected to set the tone for monetary policy in the coming months. Crude prices fell sharply this week as data showed U.S. grew thrice…