The US Economy || US rate hike cycle concludes in 2022
The US Economy || US rate hike cycle concludes in 2022 Last week was very active for global rebirth in risk appetite despite a run of data which pointed to deteriorating US economic growth. This is because the softer tone of US data and the FOMC’s acceptance of it implies a reducing risk of the […]
Gold is expected to fall for the first time in three weeks as rates and the currency rise
Gold is expected to fall for the first time in three weeks as rates and the currency rise Gold prices remained flat on Friday, weighed down by the dollar’s resilience and the increase of US Treasury yields, putting bullion on track for its first weekly loss in three weeks. As of 0501 GMT, spot gold […]
As Treasury rates climb, gold prices end lower
As Treasury rates climb, gold prices end lower Gold prices fell in range-bound trading on Monday, as rising Treasury rates bolstered the dollar and offset support from the Ukraine crisis, while palladium gained following London’s move to halt trade of the metal from Russia. By 0730 GMT, spot gold was down 0.2 percent at $1,942.85 […]