Gold Nears $3,400 as Fed Rate Cut Bets Grow and Powell’s Successor Looms

Gold prices surged 0.20% to $3,381 per troy ounce, driven by mounting expectations of a Federal Reserve interest rate cut following lackluster U.S. economic data. The disappointing July Nonfarm Payrolls (NFP) report, combined with a slowdown in the services sector, has fueled speculation of monetary easing as early as September. …

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Crude Oil Markets Wobble as U.S.-Russia Sanctions Clash Intensifies

Crude oil markets experienced significant volatility on Tuesday as escalating U.S. sanction threats against Russia heightened tensions, sending West Texas Intermediate (WTI) prices on a rollercoaster ride before settling lower. The Trump administration’s aggressive push for a ceasefire in Ukraine, a key promise of President Donald Trump’s campaign, has collided …

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U.S. Stocks Slide as Services Sector Declines and Trade Tensions Escalate

U.S. stock markets are retreating in Tuesday’s trading session, driven by a disappointing services sector report and rising concerns over escalating trade policies. This combination of weak economic data and political uncertainty has dampened investor confidence.The downturn follows the release of the U.S. Services Purchasing Managers’ Index (PMI) from the …

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