US Inflation Stays at 3.4% as 25-Year-High Bond Yields and Soft Jobs Data Test the Fed
Economy

US Inflation Stays at 3.4% as 25-Year-High Bond Yields and Soft Jobs Data Test the Fed

US inflation is stuck at 3.4%, long-term Treasury yields have hit 25-year highs above 5%, and weak job creation is compl...

Niamh O'Sullivan 👁 66 💬 0
Gold's $300 Weekly Rally: Weak US Jobs Data, Not Geopolitics, Drove the Turn
Markets

Gold's $300 Weekly Rally: Weak US Jobs Data, Not Geopolitics, Drove the Turn

Gold climbed almost $300 to above $4,340/oz in a week as a shock US payrolls loss cut September Fed rate-hike odds from ...

Yael Ben-David 👁 46 💬 0
Paris Markets Extend Rally to Seventh Day as Hormuz Talks Raise Tensions
Markets

Paris Markets Extend Rally to Seventh Day as Hormuz Talks Raise Tensions

European stocks edged higher, led by Paris, while geopolitical uncertainty over Iran’s Strait of Hormuz conditions kept ...

Yael Ben-David 👁 29 💬 0
Gold Surges 2.7% to $4,415 After Weak US Payrolls Erode Rate Hike Bets
Markets

Gold Surges 2.7% to $4,415 After Weak US Payrolls Erode Rate Hike Bets

A sharp drop in US employment growth sent gold and silver soaring on Friday, with bullion heading for its best weekly ga...

Yael Ben-David 👁 55 💬 0
US Payrolls Shock Crushes September Rate Hike Odds, Sends Dollar Tumbling
Economy

US Payrolls Shock Crushes September Rate Hike Odds, Sends Dollar Tumbling

A much weaker than expected US nonfarm payrolls report slashed market-implied odds of a Fed rate hike in September, send...

Niamh O'Sullivan 👁 54 💬 0