General

U.S. stock markets edged higher on Tuesday as investors analyzed the potential impact of upcoming reciprocal tariffs and subtle signals from President Donald Trump hinting at a more flexible stance on trade policy. Key Market Moves (As of 09:30 AM ET): Dow Jones Industrial Average: +108.37 points (+0.25%) to 42,691.69 …

Oil futures have been declining since the opening of daily trading on Monday, affected by recession fears, expectations of slowing Chinese demand, and concerns about global growth, all of which generally impact global oil prices.U.S. oil futures fell to $66.00 per barrel, compared to the previous daily close of $67.00 …

The results of the Reserve Bank of Australia’s (RBA) February meeting suggest that a move towards a “further interest rate cut may not be imminent,” emphasizing its commitment to a cautious approach in managing monetary policy.Members of the central bank’s Monetary Policy Committee confirmed that the February interest rate cut …

US stocks experienced a decline on Tuesday as investors grappled with disappointing consumer confidence data and braced for Nvidia’s crucial earnings report later in the week. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all registered losses, reflecting growing market unease.Consumer confidence in the US deteriorated for the …

Market Caution Expected Ahead of US Jobs Report and Amid Trade UncertaintyThe US dollar recovered some ground, partially reversing its weekly decline, as markets await the crucial US employment report and remain uncertain about trade policies. The US Dollar Index (DXY) rebounded slightly, supported by a modest rise in US …

The Federal Reserve’s decision to implement a 25-basis-point interest rate cut, as widely anticipated, failed to buoy U.S. stock markets. Instead, the central bank’s economic projections, which signaled a more gradual pace of future rate reductions, dampened investor sentiment.The Fed’s summary of economic projections (SEP) indicated that policymakers expect a …

Last Monday, the Nasdaq temporarily surpassed the 20,000 mark, marking a new milestone. Strong economic growth, increasing corporate earnings, moderate inflation, and the beginning of central bank easing have been the stock market’s winning formula this year. There is still some doubt regarding central banks’ next course of action as …

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Gold prices inched closer to record highs on Tuesday, driven by uncertainty over the upcoming 2024 U.S. presidential election and critical economic reports that are likely to shape Federal Reserve rate decisions. As of 07:00 ET (11:00 GMT), Spot gold rose 0.3% to $2,750.25 an ounce, while December gold futures …

Gold prices dipped slightly on Friday as investors took profits following a recent surge driven by Middle East tensions and U.S. election uncertainty. Despite this, palladium prices continued to climb, hitting a 10-month high.Spot gold fell 0.1% to $2,734.25 per ounce, after reaching an all-time high of $2,758.37 on Wednesday. …