Tag Archives: rate cut

Gold prices surged past $2,450 on Thursday, fueled by the Federal Reserve’s (Fed) signal of potential rate cuts and escalating tensions in the Middle East. The Fed expressed increased confidence in a slowing inflation rate during the second quarter, bolstering expectations for a policy shift.The XAU/USD index reached a two-week …

The Bank of England faces a critical decision on interest rates as policymakers weigh whether to reduce borrowing costs for the first time since the onset of the Covid-19 pandemic. Following a significant decline in inflation this year, Threadneedle Street is poised for its first rate cut since raising interest …

Wall Street surged on Wednesday, propelled by the S&P 500’s largest single-day gain since February. The optimism was ignited by the Federal Reserve’s decision to hold interest rates steady while signaling a potential rate cut as soon as September. Fed Chair Jerome Powell indicated that progress in taming inflation and …

Dubai TV hosted Mohammed Hashad, Head of Research and Development at Noor Capital, and a member of the US Association of Technical Analysts, to comment on and shed light on market movements. United StatesThe Dow Jones saw a boost following Microsoft’s recent announcement of a new update to the Bing …

Following mixed economic data and the stronger US dollar which is in the green territory, up 0.23% and trades in the 104.569 neighborhood, the price of gold is finding it difficult to gain momentum. The dollar increased 0.2% ahead of this week’s pivotal Federal Open Market Committee’s meeting, and on …

It is like a coin toss when the Bank of England decides on interest rates next week. The market is not as sure as most analysts that a rate cut will occur next week. There is disagreement among the members of the central bank’s policymaking committee; some support lowering interest …

The economic landscape is shifting as evidence of cooling inflation becomes increasingly apparent. The June Personal Consumption Expenditures (PCE) Price Index report, a key metric closely watched by the Federal Reserve, is anticipated to reflect continued moderation in price growth. This positive trend, driven by factors such as declining gas …

The Bank of Canada is set to cut interest rates for a second straight meeting to avoid a recession and prevent an inflation flare-up. Governor Tiff Macklem stated that he sees a soft landing, a slowdown that cools price pressures without triggering mass job losses. He became the first Group …

The most recent indications of declining inflation and slowing economic activity are likely to have an impact on the Federal Reserve’s decision to lower interest rates. Food and energy-related prices in the personal consumption expenditures price index are predicted to increase by 0.1% in June for the second time in …

Dubai TV hosted Mohammed Hashad, Head of Research and Development at Noor Capital, and a member of the US Association of Technical Analysts, to comment on and shed light on market movements, especially the American markets, which recorded further gains following the assassination attempt on Trump and amid ongoing negotiations …