On Tuesday, the market’s focus turned to Wednesday’s U.S. inflation data, but growing geopolitical tensions and anticipation of a third rate decrease by the Federal Reserve next week supported gold
The US consumer is doing well, as evidenced by retail sales growth in September that was faster than expected. This could influence the Federal Reserve’s decision-making process on interest rates
Tuesday saw significant gains in US markets as less-than-expected inflation statistics raised the possibility of a significant September interest rate reduction from the Federal Reserve. The Dow Jones Industrial Average
U.S. recession subsided and geopolitical tensions in the Middle East rose. At 0635 GMT, Brent crude futures went up 28 cents or 0.4%, to $79.94 per barrel, whereas West Texas
NEW YORK, Aug 2 – A significant decline in U.S. stocks is triggering sales from volatility-sensitive funds, worsening an already severe selloff that has pushed the Nasdaq Composite (.IXIC) into
The U.S. economy added significantly fewer jobs than anticipated in July, signaling a slowdown in labor demand in the world’s largest economy. Nonfarm payrolls increased by 114,000 last month, marking