Ahead of the Manufacturing PMI, XAU/USD is expected to fall
Ahead of the Manufacturing PMI, XAU/USD is expected to fall In the New York session, the gold price (XAU/USD) broke down from its prior consolidation in a $1,846.20-1,864.16 range. The precious metal has been very volatile as investors prepare for the Federal Reserve (Fed) to increase the scope of its aggressive stance in June. Inflationary […]
Stocks end a bumpy month with a drop as the rally fades
Stocks end a bumpy month with a drop as the rally fades After a recovery late last week failed to maintain pace, US stocks ended a bumpy month of May down on Tuesday. In a turbulent session, the S&P 500 dropped 0.6 percent, while the Dow Jones Industrial Average dropped 220 points, or 0.7 percent. […]