Tag Archives: hawkish stance

Spot gold drops 0.56% to $1919.74 as the Fed’s decision to maintain and revise rates upward pressures gold prices.US real yields hit a YTD high at 2.115%, which continues to be a significant headwind for Gold.Mixed US economic data and hawkish stances from other central banks globally add to the …

The NFP data is usually awaited by the financial markets and investors with eagerness because of it is likely that Friday’s print would bring about significant and weighty change on the Federal Reserve’s upcoming policy decision. As the US Bureau of Labour Statistics prepares to release the August jobs data …

According to the US Bureau of Labour Statistics, there were 8.827 million job opportunities in July, far fewer than the predicted 9.465 million, while consumer confidence declined. The probability of a Fed rate hike in September has decreased to just 13.5%, according to the CME FedWatch Tool, while the probability …

All economic developments and investor-focused topics in the previous trading week were eclipsed by the speeches by ECB President Christine Lagarde and Fed Chair Jerome Powell on Friday. Hawkish stances from Jackson HoleECB President Christine Lagarde and Fed Chair Jerome Powell addressed key economic developments and investor-focused topics. Lagarde emphasized …

Interest rate futures tied to the Federal Reserve’s policy rate on Friday priced in a more than even chance of tightening at either the November or December policy meetings after Chair Jerome Powell struck what market participants perceived to be a moderately hawkish tone.The Fed though is widely expected to …

The WTI crude oil is climbing to $79.05 per barrel, up 0.20%, at the time of writing, as hawkish signals by Fed officials initially dent but later fail to suppress oil prices.Iran announces plans to ramp up crude oil production to 3.4 million bpd by the end of September. The …

Gold prices rose on Tuesday, with the dollar falling near its lowest level in more than a year, while traders await retail sales data in the United States to see its impact on the monetary policy of the Federal Reserve. Spot gold rose 0.3% to $1,959.54 an ounce by 0359 …

The dollar hovered near a 15-month low on Friday, heading for its biggest weekly decline since November, after weak U.S. inflation data boosted investor bets that the Federal Reserve was close to ending its rate hike path. Data on Thursday revealed that U.S. producer prices barely rose in June, while …

Gold prices were on course on Friday for their biggest weekly gain since April, after rising near a one-month high as market expectations of a US interest rate hike waned, sending the dollar down to its lowest in more than a year. And by 0504 GMT, gold in spot transactions …

Gold prices rose on Thursday to their highest level in nearly a month, supported by the decline in the dollar after US inflation data, which raised hopes that the Federal Reserve would soon stop tightening its monetary policy. Spot gold rose 0.2 percent to $1,959.94 an ounce by 0918 GMT, …