Latest News, Insights, and Market Analysis from OneRoyal
Tesla Shares Gained $44 Billion While Nike Suffered the Largest Daily Loss. US indices closed with collective declines in Tuesday’s session, pressured …
Oil prices retreated as China lowered its key interest rates by less than expected. Tuesday’s decline in oil prices followed China’s decision …
The Bank of Japan maintains low interest rates. The yen decreased after the Bank of Japan maintained meager interest rates on Friday, …
Fed hints about further interest rate hikes supported the dollar’s strength. The dollar rose in Asian trading on Thursday, following hints from …
Gold prices hit a record high on Thursday as Federal Reserve officials reiterated their expectations for rate cuts in 2024, even though the timing remains unclear, while traders await key US jobs data. Federal Reserve officials, including US central bank chief Jerome Powell, on Wednesday continued to emphasize the need for more discussion and data →Read more
Gold prices continued their record-breaking streak during trading today, Wednesday, as inflation concerns boosted demand for the bullion as a hedge, with traders ignoring doubts about an imminent US rate cut and rising Treasury yields. Federal Reserve policymakers said on Tuesday they believe it would be “reasonable” to cut US interest rates three times this →Read more
Gold prices continued their record-breaking streak during trading today, Wednesday, as inflation concerns boosted demand for the bullion as a hedge, with traders ignoring doubts about an imminent US rate cut and rising Treasury yields. Federal Reserve policymakers said on Tuesday they believe it would be “reasonable” to cut US interest rates three times this →Read more
Major Wall Street indices reversed course and turned lower after trading higher earlier in the session on Monday. This comes amid expectations of an early rate cut by the Federal Reserve after the latest set of data showed signs of easing inflation. The report boosted bets on a rate cut, with money markets pricing in →Read more
Gold prices did not see any noticeable movements during these moments of trading today, Thursday, after ending yesterday’s trading at record levels amid investors’ looking forward to more US economic data to get clues about the path of monetary policy. The Federal Reserve has indicated its willingness to cut interest rates, and there are concerns →Read more
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