Gold Archives - Page 14 of 50

ECB hikes rates, warns another is coming

By Craig Erlam The ECB raised interest rates by another 25 basis points on Thursday and signaled there’s more to come as it significantly revised up its core inflation forecasts for this

16th June 2023

Markets/World

Bull market rally continues ahead of CPI and Fed

By Edward Moya US stocks are rallying ahead of a massive macro week that contains a key inflation reading, some major central bank rate decisions, and many important economic readings. The bull

13th June 2023

Markets/World

Chilled end to the week, focus on Fed, oil volatile

By Craig Erlam It’s been a relatively chilled end to the week with the economic calendar a little thin and investors likely having one eye already on next week’s US inflation data

9th June 2023

Markets/World

Stock futures seek next catalyst, bitcoin continues slide

By Naeem Aslam US and European stock futures are trading a bit flat, while traders focus on the next big catalyst that is going to drive the price action. The past few

8th June 2023

Markets/World

Weak trade weighs on China exports, oil slips further

By Craig Erlam European indices and US futures look a little flat Wednesday following a mixed session in Asia overnight, as Chinese trade data failed to inspire, while Australian GDP pointed to

7th June 2023

Markets/World

Markets enter standby mode

Βy Lukman Otunuga, Senior Market Analyst at FXTM Asian stocks crawled higher on Wednesday, following the positive cues from Wall Street overnight after the S&P500 closed at its highest level in 2023.

7th June 2023

Markets/World

Services PMIs point to broader weakness, OPEC+ not as unified

By Craig Erlam A raft of weaker services surveys have weighed on sentiment in Europe at the start of the week, while Wall Street is more of a mixed bag. Investors are

6th June 2023

Markets/World

May jobs report shows hiring isn’t ready to cool

By Edward Moya A red-hot labour market remains and that should keep the pressure on the Fed, which will also delay second half of the year recession calls. The May jobs report

2nd June 2023

Markets/World

Markets buoyed by debt ceiling deal

By Craig Erlam A debt ceiling fiasco was averted late in the day and markets are ending the week on a positive note, as traders turn their attention to the US jobs

2nd June 2023

Markets/World

US futures higher, gold out of luck

By Naeem Aslam US futures and European markets are trading higher Tuesday as traders celebrate the Spanish inflation number, showing that inflation has started to cool down significantly. The Spanish data also

30th May 2023

Markets/World