Tag: cools
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Gold prices steady amid rate-cut uncertainty; Copper cools from China gains
[ad_1] Investing.com– Gold prices edged lower in Asian trade on Wednesday, sticking to a trading range established over the past week as markets grew more uncertain over U.S. interest rate cuts this year. Among industrial metals, copper prices inched lower after increased optimism over China drove stellar gains earlier this week. Gold was reeling from…
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Oil rally cools as focus remains on Israel-Hamas war, more Fed cues
[ad_1] Investing.com– Oil prices fell in Asian trade on Thursday after a strong run of gains this week as markets awaited more developments in the Israel-Hamas war, while upcoming signals from the Federal Reserve were also in focus. An escalation in the conflict, after the deadly bombing of a Gaza hospital and the cancellation of…
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Gold hits 2-mth high, $2,000 in sight as inflation cools
[ad_1] Investing.com — Gold prices rose in Asian trade on Thursday, hitting an over two-month high as weak UK inflation data fed more bets that global interest rates were close to peaking, while some weakness in the dollar also helped. The yellow metal was now about $15 away from the coveted $2,000 an ounce level.…
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Gold rally cools amid Fed speculation, copper losses deepen
[ad_1] Investing.com — Gold prices edged lower from seven-week highs on Friday amid speculation over whether the Federal Reserve was close to ending its rate hike cycle, while copper sank further on concerns over major importer China. The yellow metal marked strong gains on Tuesday after data showed U.S. grew less-than-expected in June, pointing to…
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Dow Jones, S&P 500 Gain as Bank Sector Volatility Cools Ahead of the Fed
[ad_1] Dow Jones, S&P 500 – Asia Pacific Market Open: Nasdaq/Dow ratio sinks the most since SVB’s collapse Cooling bank volatility firms 25bps Fed rate hike bets Dow and the S&P 500 reinforced key support levels Recommended by Daniel Dubrovsky Traits of Successful Traders Asia-Pacific Market Briefing – Market Volatility Calms The Dow Jones gained…
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Oil cools after 3-day rally amid Fed uncertainty, U.S. inventory build
[ad_1] By Ambar Warrick Investing.com– Oil prices were muted on Thursday as hawkish comments from Federal Reserve officials supported the dollar and brewed some concerns over more interest rate hikes, while U.S. crude inventories also logged a seventh straight week of builds. Hawkish overnight comments from Federal Reserve officials saw markets reassessing their outlook for U.S.…
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USD/CNH Cools After Hitting Fresh 2022 High as Markets Await Fed Talk
[ad_1] Chinese Yuan, USD/CNH, Market Sentiment, Metals, Technical Outlook – TALKING POINTS US stocks fall but a softer Dollar may induce some risk taking across APAC stock markets Europe’s energy crunch potentially claims another victim as German smelter mulls cuts USD/CNH eased after hitting a fresh 2022 high as bullish and bearish technical indicators clash…