Gold struggles as solid US data propel dollar higher

Gold struggles as solid US data propel dollar...

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Fed delivers hawkish hike, dollar rallies but gold recovers

Send us Fan MailFed hikes as expected, signals more to come. Dollar surges as yield curve flattens, gold slips but recoups losses. Attention turns to Bank of England, pound on the backfoot. Oil prices decline on signs of easing Middle East supply disruptions.Risk Warning: Our ser ...  Show more

Dollar slows advance ahead of key Fed decision

Send us Fan MailFed expected to hike, spotlight to fall on dots and guidance. Warsh faces independence test amid Trump’s calls for low rates. BoE and BoJ decisions take center stage on Thursday and Friday. Wall Street slips ahead of Fed outcome, gold traders also on edge.Risk War ...  Show more

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Some calm has come back to financial markets
Marketplace Morning Report

Overseas stock markets and U.S. stock index futures are showing an upward move in prices today, and volatility is down in sharp contrast to yesterday morning. Yesterday’s rollercoaster ride resulted from false information about a potential tariff pause. Some $2.5 trillion went in ...  Show more

Strong US jobs data hammers the recession 'optimism'
Market Talk: What’s up today? | Swissquote

Strong US jobs data revived the Federal Reserve (Fed) hawks on Friday. The US 10-year yield jumped, and the US dollar gained. Gold gave back a part of gains, and US stocks closed in the negative, although the three major US indices closed the first week of August in the positive. ...  Show more

Why is Gold falling?
Market Talk: What’s up today? | Swissquote

Sentiment is mixed. The S&P500 eked out small gains after a volatile session. The FOMC minutes, released yesterday, came as a confirmation that the Federal Reserve (Fed) remains fully committed to bringing inflation down, even if it means slower growth. But, the recession talk, l ...  Show more

The Sun Overdose for European stocks...
Market Talk: What’s up today? | Swissquote

The week starts moody in Asia, as economic data from China and Japan missed estimates early this Monday. Crude oil begins the week under selling pressure around the $91 per barrel. US index futures are down, but interestingly, the European futures were better bid in Asia; but new ...  Show more