Wall Street was only concerned about one thing, according to Disney’s Q2 results report: the company’s shares dropped as much as 11%. Disney told investors that its streaming division will turn a profit by the end of its fiscal fourth quarter, reported better-than-expected profits, and only slightly missed revenue targets. …

President of the Federal Reserve (Fed) in Minneapolis, Neel Kashkari, made headlines on Tuesday for the second time in a row as he discussed the Fed’s outlook for inflation and interest rates for the remainder of the year.Kashkari would need to see multiple readings on inflation to be confident enough …

The Gold Index, XAU/USD, was trading down by roughly -0.33% earlier on Tuesday, in the $2,310s, but at the time of writing, it is only -0.20% down, trading at $2,319.56, as the US Dollar recovers, reducing the cost of Gold which is priced in USD. Gold price declines on Tuesday …

As traders examined Fed interest rate cut bets, gold prices rose above $2,300 per troy ounce. After a recent dip, the US dollar was able to rise as investors examined the US labour market report. After three weeks of declines, the USD Index recovered and crossed over the 105.00 mark. …

Gold prices have recently surged to historical levels, mainly capitalizing on several factors that have come to the forefront, including its prestigious status as a trusted safe haven. In this article, we’ll delve into these elements and explore their impact on the precious metal’s bullish trajectory.The Federal Reserve’s decisions, including …

Oil prices closed trading on Monday in an upward direction, supported by the escalating tensions in the Middle East after the launch of Israeli military operations in southern Gaza, which threatens a humanitarian catastrophe that the United Nations and other human rights organizations have warned of.Oil futures rose to $78.62 …

The Reserve Bank of Australia is at a turning point in history, and both the financial markets and people will be impacted by its looming action. The stakes are high as RBA Governor Michele Bullock gets ready to reveal the monetary policy. Let’s attempt to examine the main elements at …

The U.S. dollar continues its decline since the start of Monday’s trading, influenced by employment data released last Friday. Both job growth and wage growth in the United States have shown signs of weakening.Dollar Index Movement:The dollar index, which measures the performance of the U.S. currency against major currencies, dropped …

US Stocks on Wall Street continue to achieve significant gains, driven by crucial employment data. These numbers hold great importance and directly impact the Federal Reserve’s decisions and the future trajectory of interest rates.Non-Farm Payrolls (NFP) Report: In April, the NFP added 175,000 jobs in non-agricultural sectors, surpassing the previous …

During the North American session, the British Pound registered modest gains versus the US Dollar. The Bank of England (BoE) will decide on monetary policy in a week. An upbeat market sentiment underpins the GBP/USD’s higher trading at around 1.2579, above a key support level. The GBP/USD is neutral to …