Global Stocks Surge, Dollar Weakens on US Data, ECB Rate Hike, and Fed’s Pause – News18

[ad_1] Last Updated: June 16, 2023, 02:30 IST London, United Kingdom (UK) U.S. Treasury yields were lower as investors digested the economic data and the Fed’s update. Equities trading had been choppy on Wednesday after the Fed signaled it could follow its June pause with two more rate increases this year MSCI’s global index of … Read more

Gold Prices Surge as Weak Economic Data Prompts Fed to Pause Rate Hikes

[ad_1] Last Updated: June 09, 2023, 01:48 IST New York, United States of America (USA) Spot gold rose 1.2% to $1,962.49 per ounce by 01:42 p.m. EDT (1742 GMT). U.S. gold futures settled up 1% at $1,978.60. (Reuters File Photo) Spot gold rose 1.2% to $1,962.49 per ounce by 01:42 p.m. EDT (1742 GMT) Gold … Read more

Dollar Holds Steady as Monetary Policy Outlook Remains Uncertain

[ad_1] Last Updated: May 11, 2023, 03:32 IST The dollar index in afternoon trading was at 101.48, up 0.1% after hitting a low of 101.21 earlier. (Image: File Photo) A U.S. Labor Department report on Wednesday showed the annual increase in consumer prices dipped below 5% in April for the first time in two years … Read more

April job growth beats expectations amid banking industry turmoil

[ad_1] April job growth beats expectations amid banking industry turmoil – CBS News Watch CBS News The Labor Department’s latest report shows employers added 253,000 jobs in April. Daniel Altman, chief economist at Instawork, breaks down the findings. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not … Read more