Daily Market Brief 22-11-22

May 2, 2023: Overview of the Markets

Caution dominates the US markets before the Federal Reserve meeting, and the First Republic Bank’s deal boosts JPMorgan’s stock. The US indices closed with slight changes in the first session of May as investors remain cautious ahead of the Fed’s decision this week, in addition to developments in the First Republic bank crisis. FED WATCH

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April 28, 2023: Gold Performance Insights

Gold falls, awaiting essential data. Gold prices fell on Friday, affected by the economic data released yesterday. After US GDP and unemployment data were released, prices fell below $2,000 per ounce. However, prices are expected to achieve a second consecutive monthly gain, as continued economic concerns and general weakness in the dollar have pushed investors towards

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