Precious Metals Rally: Gold Hits $3,650, Silver Tops $42 Gold is on track for a fourth consecutive weekly gain, trading near $3,650 an ounce, boosted by expectations of Fed rate cuts.Silver surged above $42 an ounce, reaching its highest level since 2011, while palladium and platinum also gained.Weak US labor data and steady August CPI […]
CPI Data Looms as Key Test for Bond Market’s Fed Easing Outlook Bond traders are closely watching the upcoming US CPI report, which could challenge expectations of aggressive Fed rate cuts.Markets are pricing in at least five 25 bps cuts by this time next year, with three expected by year-end.Two-year Treasury yields dropped to 3.51% […]
Markets Cheer Rate-Cut Hopes, but Inflation Data Looms Large Global equities are soaring to record highs while bond prices tumble, reflecting investor confidence that the Federal Reserve will deliver a rate cut at its September 16–17 meeting. Wall Street closed at fresh peaks and Japan’s Nikkei is edging back toward record levels. Although Stephen Miran […]
Commodities Weekly: Record-Breaking Gold and Shifting Market Dynamics Metals:• Gold surged above $3,654/oz, marking a new record high.• Gains are fueled by growing bets on multiple Federal Reserve rate cuts this year.• Gold is up nearly 40% year-to-date, supported by trade tensions, geopolitical conflicts, and central bank buying.• Aluminium inventories show strong shifts, with cancelled […]
Politics and Taxes Take Edge Off Dollar Bear Trend • Dollar Rebounds: After soft US jobs data triggered a 0.5% dollar sell-off, political turmoil in France and Japan limited further downside, keeping the greenback supported.• Japan’s Political Shake-Up: Prime Minister Shigeru Ishiba’s resignation raises fiscal risks ahead of the Oct. 4 LDP leadership election. USD/JPY […]
Gold Holds Near Record High Ahead of US Jobs Data • Third Weekly Gain: Gold is on track for a third straight weekly increase, trading around $3,542 per ounce after hitting a record $3,578 earlier this week.• Jobs Report in Focus: Markets are awaiting Friday’s US payrolls report, which could confirm weakening job growth and […]
Alphabet Surge Lifts Tech, Fuels Asian Gains • Wall Street Recovery: After Alphabet’s impressive 9% rally eased concerns from its antitrust case, U.S. markets steadied. The S&P 500 gained 0.5%, while the Nasdaq rose 1%, ending a short losing streak.• Asian Markets React: Japan’s Nikkei surged 1.2%, Australia’s ASX climbed 0.6%, and South Korea’s Kospi […]
Gold Shines Brighter: Fresh Record Above $3,540 Amid Rate-Cut Bets • Gold surged to a new all-time high of 3,546.96/oz, extending a six-day rally and posting a 5% advance over the past sessions.• Expectations that the Fed may cut interest rates this month continue to fuel demand for non-yielding bullion. Friday’s US jobs report will […]
All-Time Highs: Why Investors Are Rushing to Gold • Fresh Record: Spot gold surged above $3,500/oz, marking a new all-time high before easing slightly.• Fed Rate-Cut Bets: Expectations of imminent Federal Reserve interest rate cuts are fueling the rally.• Macro Drivers: Softer US economic data, elevated geopolitical risks, and Trump’s clash with the Fed are […]
Commodities Watch: Why the Jobs Report Could Be a Game-Changer Metals:• Gold prices extended gains, supported by hopes of a Fed rate cut in September.• Much hinges on the upcoming U.S. jobs report – another weak reading would likely strengthen the case for easing.• Speculators lifted net long gold positions by 6,363 lots, reaching 148,122. […]