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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 Hits New Record High Above $2300 After Fed Comments

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

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Gold Continues to Shatter Records and Reaches New Highs.. Will the Uptrend Continue?

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

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