US Stocks Rise and Treasury Yields Dip as Data Shows Inflation is Cooling
1 year, 7 months ago

US Stocks Rise and Treasury Yields Dip as Data Shows Inflation is Cooling

News 18  

U.S. stocks advanced on Friday and benchmark Treasury yields dipped on a week marked by strong earnings, ending a solid month with data confirming inflation is cooling, which could allow the Federal Reserve to pause after next week’s expected rate hike. “It’s the last day of a fairly solid month, along with the realization that this earnings season continues to impress,” said Ryan Detrick, chief market strategist at Carson Group in Omaha. But economic data released before the bell confirmed that inflation is falling but remains well above the Federal Reserve’s average annual goal of 2%, and did little to move the needle regarding market expectations of another 25 basis-point interest rate hike when the central bank meets next week. “This potentially opens the door for one more rate hike next week and the Fed can pause the aggressive tightening that we’ve seen since last March.” The Dow Jones Industrial Average rose 153.19 points, or 0.45%, to 33,979.35, the S&P 500 gained 19.28 points, or 0.47%, to 4,154.63 and the Nasdaq Composite added 38.91 points, or 0.32%, to 12,181.15.

Japan Inflation Cooling Rose Treasury Yields Data Shows Yields Dip Treasury Yields Dip  shares  rose  dip  market  rise  inflation  cooling  yields  data  shows  treasury  stocks  index  rate  higher

History of this topic

Wall Street today: US stocks edge higher in truncated session, Broadcom up 1.3%, Nvidia adds 1.2%
Trending News
4 hours, 24 minutes ago

Wall Street today: US stocks edge higher in truncated session, Broadcom up 1.3%, Nvidia adds 1.2%

Live Mint  

US stock indices edged higher on Tuesday in a truncated trading session ahead of Christmas, led by gains in Big Tech shares. At 09:42 am the Dow Jones Industrial Average rose 32.38 points, or 0.08 per cent, to 42,939.33, the S&P 500 gained 21.68 points, or 0.36 per cent, to 5,995.75, and the Nasdaq Composite gained 116.55 points, or 0.59 …

Stocks gain with bond yields, dollar up; economy, rates in focus
21 hours, 59 minutes ago

Stocks gain with bond yields, dollar up; economy, rates in focus

Live Mint  

* Dollar gains, with Treasury yields * Global stock index up, Wall St indexes close higher * Consumer confidence comes in light, capital goods rise By Sinéad Carew and Amanda Cooper NEW YORK/LONDON, - A global equity index rose on Monday with help from Wall Street, and U.S. Treasury yields climbed to an almost seven-month high while data showed a …

Dollar rebounds from inflation data drop, euro dips
1 day, 6 hours ago

Dollar rebounds from inflation data drop, euro dips

Live Mint  

By Chuck Mikolajczak NEW YORK -The dollar rebounded while the euro dipped on Monday, as market moves were being dictated by recent global central bank meetings that set expectations for diverging rate cut paths next year. "The key for the dollar right now is the policy divergence, and Powell going from more worried about unemployment than inflation, and then the …

Wall Street heads for upbeat open as investors cheer US inflation data
Trending News
1 day, 7 hours ago

Wall Street heads for upbeat open as investors cheer US inflation data

Live Mint  

* Dollar gains, S&P futures up 0.1% * Futures imply two Fed rate cuts in 2025 * Dollar remains strong on high bond yields By Amanda Cooper LONDON, Dec 23 - U.S. stock futures rose on Monday, pointing to an upbeat start on Wall Street following a U.S. inflation reading last week that offered some hope for further policy easing …

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025
6 days, 15 hours ago

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025

Associated Press  

NEW YORK — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. The Fed said Wednesday it’s cutting its main interest rate for a third time this year, continuing the sharp turnaround begun in September …

US stocks end higher ahead of Fed, bitcoin surges
1 week ago

US stocks end higher ahead of Fed, bitcoin surges

Live Mint  

By Stephen Culp NEW YORK - Megacap tech shares muscled the S&P 500 and the Nasdaq to higher closes on Monday as U.S. Treasury yields paused and investors readied for a busy central bank week. Investors will scrutinize the Fed's Summary of Economic Projections and its "dot plot," which maps out the central bank's future rate cut path, which has …

Global stock index falls, bond yields rise ahead of rate decisions
1 week, 3 days ago

Global stock index falls, bond yields rise ahead of rate decisions

Live Mint  

* Wall Street stocks end close to flat, Europe ends down * Oil prices settle higher, * Dollar rises against yen, falls against the Euro By Sinéad Carew and Harry Robertson NEW YORK/LONDON Dec 13 - MSCI's global equity gauge fell on Friday while bond yields climbed as investors waited for clues about the future path for interest rates from …

Wall Street today: US stocks edge higher after inflation data boosts rate cut hopes
1 week, 6 days ago

Wall Street today: US stocks edge higher after inflation data boosts rate cut hopes

Live Mint  

US stocks edged higher on Wednesday after November CPI inflation data boosted hopes for interest rates cut by the Federal Reserve later this month. ET, the Dow Jones Industrial Average fell 9.26 points, or 0.02 per cent, to 44,238.61, the S&P 500 gained 46.31 points, or 0.77 per cent, to 6,081.22 and the Nasdaq Composite gained 291.54 points, or 1.48 …

Yen Strengthens on Dollar as US Bond Yields Fall: Markets Wrap
3 weeks, 5 days ago

Yen Strengthens on Dollar as US Bond Yields Fall: Markets Wrap

Live Mint  

A stronger yen weakened Japanese equity futures Thursday after a rally in Treasuries weighed on yields and the dollar. The S&P 500 fell 0.4% after touching a record high in the prior session, while the Nasdaq 100 dropped 0.9% as tech stocks weighed on the US market. Shares in Microsoft Corp. fell after the US Federal Trade Commission opened an …

India bond yields to track US rates; downside largely capped
4 weeks ago

India bond yields to track US rates; downside largely capped

Live Mint  

By Nimesh Vora MUMBAI, Nov 26 - Indian bond yields are likely to open little changed on Tuesday following the dip in the previous session, with traders keeping an eye on U.S. Treasury yields. The benchmark 10-year bond yield is expected in a 6.81%-6.84% range, having dipped about two basis points on Monday to 6.8226% largely due to a dip …

Dollar Falls as Treasury Pick Tempers Trump Bets: Markets Wrap
4 weeks, 1 day ago

Dollar Falls as Treasury Pick Tempers Trump Bets: Markets Wrap

Live Mint  

The dollar fell and Bitcoin’s rally stalled as traders viewed Donald Trump’s pick of Scott Bessent for Treasury Secretary as a measured choice, tempering some of the more fevered bets spurred by the president-elect’s victory. The dollar has now climbed for eight straight weeks, the longest advance in more than a year, as traders continued to price Trump’s fiscal policies …

Stock market today: Wall Street rises following last week’s slide
1 month ago

Stock market today: Wall Street rises following last week’s slide

Associated Press  

NEW YORK — Most U.S. stocks ticked higher Monday to recover some of their sharp slide from last week. Investors had sent the S&P 500 nearly 4% higher in the days immediately following Trump’s presidential win. Bank stocks, smaller companies and other areas of the market seen as the biggest winners from Trump’s preference for lower tax rates, higher tariffs …

US Dollar rises to near 7-month high as inflation data hints Fed’s rate cuts strategy
1 month, 1 week ago

US Dollar rises to near 7-month high as inflation data hints Fed’s rate cuts strategy

Live Mint  

The United States dollar rose to nearly a seven-month high against major currencies on Wednesday, November 13, after the U.S. inflation data for October showed an increase, in line with market expectations and hinted that the Federal Reserve would keep cutting rates, reported the news agency Reuters. The US dollar rose to its highest level since April 16, fueled by …

Dollar Gains Before US CPI as Rate Bets Are Pared: Markets Wrap
1 month, 1 week ago

Dollar Gains Before US CPI as Rate Bets Are Pared: Markets Wrap

Live Mint  

The dollar climbed for a fourth day and Asian stocks fell ahead of key inflation data that may further sap confidence in the pace of Federal Reserve interest-rate cuts. In addition, market watchers expect US president-elect Donald Trump’s proposed tax and tariff policies to further drive up inflation, with his key picks for administration posts signaling a tough stance against …

Stocks fall as rally stalls, yields climb on Trump policy worry
Trending News
1 month, 1 week ago

Stocks fall as rally stalls, yields climb on Trump policy worry

Live Mint  

By Chuck Mikolajczak NEW YORK -A gauge of global stocks fell on Tuesday after five straight sessions of gains while the dollar hit its highest level in over four months as investors assess the impact of U.S. President-elect Donald Trump's likely policies on growth and inflation. But concerns that Trump's policies could rekindle inflation after a long battle to reduce …

Stock market today: Wall Street drifts lower as the Trump trade cools
1 month, 1 week ago

Stock market today: Wall Street drifts lower as the Trump trade cools

Associated Press  

NEW YORK — U.S. stocks drifted lower Tuesday as momentum cooled for the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. Stocks had been broadly rising since last week on expectations that Trump’s preference for lower tax rates and other policies may mean faster economic growth, as well as bigger U.S. government debt and higher inflation. …

Wall Street today: US stock indices at record high as post-election rally continues, Tesla climbs 8%
1 month, 1 week ago

Wall Street today: US stock indices at record high as post-election rally continues, Tesla climbs 8%

Live Mint  

US stock indices surged to record high on Monday, following last week’s rally as optimism on proposed tax cuts and expectations of an easier regulatory environment after Donald Trump won the US presidency continued. The Dow Jones Industrial Average rose 390.08 points, or 0.89 per cent, to 44,379.07, the S&P 500 gained 13.36 points, or 0.22 per cent, to 6,008.90, …

Wall Street today: US stock indices rise slightly after hitting record highs, spotlight on Fed interest rate decision
1 month, 2 weeks ago

Wall Street today: US stock indices rise slightly after hitting record highs, spotlight on Fed interest rate decision

Live Mint  

US stock indices rose slightly on Thursday after storming to record highs in previous session on former president Donald Trump's presidential election victory. As of 10:10 am Eastern time, the S&P 500 was up 0.5 per cent, the Dow Jones Industrial Average was up 0.1 per cent, and the Nasdaq Composite was 1.1 per cent higher. At the opening bell, …

Dollar dips as US voters head to polls
1 month, 2 weeks ago

Dollar dips as US voters head to polls

Live Mint  

By Karen Brettell and Amanda Cooper -The U.S. dollar fell as U.S. voters headed to the polls on Tuesday, with the results of the elections likely to decide at least the near-term fate of the greenback. my sense is that people are cautious," said Steve Englander, head of global G10 FX research and North America macro strategy at Standard Chartered …

Stocks rise, Treasuries steady as markets brace for US vote
1 month, 2 weeks ago

Stocks rise, Treasuries steady as markets brace for US vote

Live Mint  

By Koh Gui Qing and Lawrence White NEW YORK -World stocks rose and Treasury yields rebounded on Tuesday while an index of market volatility retreated, as markets awaited early indications of the outcome of the knife-edge U.S. presidential election, with only currency markets showing some jitters. Yields spiked higher earlier even as investors widely expect the Federal Reserve to cut …

US yields dip as ’Trump trades’ unwind in tight presidential race
1 month, 2 weeks ago

US yields dip as ’Trump trades’ unwind in tight presidential race

Live Mint  

* Iowa poll shows Harris ahead of Trump, weighs on yields * US 10-year yields on track for largest fall since early Sept. 4 * US two-year yields show biggest decline in three weeks * US 2/10 yield curve bull flattens * US Treasury three-year notes auction show weak results By Gertrude Chavez-Dreyfuss NEW YORK, - U.S. Treasury yields slid …

Dollar, stocks tread water before tight US election
1 month, 2 weeks ago

Dollar, stocks tread water before tight US election

Live Mint  

By Koh Gui Qing and Tom Wilson NEW YORK/LONDON -The dollar fell while stocks eked out slim gains on Monday as investors treaded carefully before the U.S. presidential election which will impact the world economy, with a U.S. Federal Reserve interest rate cut also expected later in the week. In the U.S. presidential race, Democratic candidate Kamala Harris and Republican …

Wall Street slides after Treasury yields climb back above 4% and oil rises
2 months, 2 weeks ago

Wall Street slides after Treasury yields climb back above 4% and oil rises

LA Times  

U.S. stocks slid Monday after Treasury yields hit their highest levels since the summer and oil prices continued to climb. But Friday’s jobs report was so strong that it also forced traders to ratchet back forecasts for how much the Fed will ultimately cut interest rates. It’s more difficult to look attractive to investors seeking income when a 10-year Treasury …

Dow sets a record as Wall Street drifts to the finish of another winning week
2 months, 3 weeks ago

Dow sets a record as Wall Street drifts to the finish of another winning week

LA Times  

U.S. stocks closed another record-setting week with a muted performance Friday, as hope built on Wall Street that the U.S. economy can manage the rare feat of suppressing high inflation without causing a recession. U.S. employers have slowed their hiring, and the inflation report on Friday also showed that growth in U.S. consumer spending in August fell shy of economists’ …

Stock market today: Wall Street drifts as Oracle soars and banks and oil slump
3 months, 2 weeks ago

Stock market today: Wall Street drifts as Oracle soars and banks and oil slump

LA Times  

An American flag hangs from the front of the New York Stock Exchange on Tuesday in New York. JPMorgan Chase fell 5.2% after its chief operating officer said analysts’ expectations for an underlying measure of its profit may be “too high.” Goldman Sachs dropped 4.4% after its chief executive said its trading revenue for the current quarter is trending down …

Wall Street ticks higher after inflation data clears the way for cuts to rates
4 months, 1 week ago

Wall Street ticks higher after inflation data clears the way for cuts to rates

LA Times  

The Standard & Poor’s 500 index rose 0.4% on Wednesday to follow up on one of its best days of the year and climb within 3.7% of its all-time high set last month. The Standard & Poor’s 500 index rose 0.4% to follow up on one of its best days of the year and climb within 3.7% of its all-time …

Stock market today: Wall Street coasts to the close of another winning week as Nvidia cools again
6 months ago

Stock market today: Wall Street coasts to the close of another winning week as Nvidia cools again

Associated Press  

NEW YORK — U.S. stocks coasted to the close of their latest winning week on Friday, as Nvidia ’s stock continued to cool from its startling, supernova run. AP AUDIO: Stock market today: Wall Street drifts as Nvidia loses some more momentum AP correspondent Seth Sutel has the AP Markets in a Minute report for the final day of the …

Why IT stocks are rising today ahead of US Fed policy decision
6 months, 1 week ago

Why IT stocks are rising today ahead of US Fed policy decision

Hindustan Times  

Indian shares opened higher supported by gains in US interest rate-sensitive IT stocks ahead of the US inflation reading and the Federal Reserve's updated rate projections. Stock Market today: IT companies, that count the US as a key revenue geography, jumped 1.25% today. It is widely expected that US headline consumer price inflation has eased last month but a stronger-than-expected …

Wall Street today: US stocks gain after producer prices data, Jerome Powell’s comments
7 months, 1 week ago

Wall Street today: US stocks gain after producer prices data, Jerome Powell’s comments

Live Mint  

US stock indices edged higher on Tuesday after stronger-than-expected producer prices inflation and Federal Reserve Chair Jerome Powell downplayed potential for a rate hike despite higher price pressures. Speaking at a banking event in Amsterdam, Federal Reserve Chair Jerome Powell said that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation. …

Stock Market Today: Markets decline in early trade after record-breaking rally
8 months, 1 week ago

Stock Market Today: Markets decline in early trade after record-breaking rally

The Hindu  

Equity benchmark indices declined in early trade on April 12 after a record-breaking rally in the previous trade as investors went in for profit-taking amid weak trends from Asian markets. The hotter-than-expected U.S. inflation data also hit investors' sentiment as it reduced hopes of rate cuts by the Federal Reserve. From the global equity market perspective, sticky U.S. inflation is …

World markets today: US stocks edge up after slew of economic data
8 months, 3 weeks ago

World markets today: US stocks edge up after slew of economic data

Live Mint  

US stocks edged up on Wednesday, after slew of economic data. As of 10:10 a.m. Eastern time, the Dow Jones Industrial Average was up 64 points, or 0.2 per cent, the S&P 500 was 0.2 per cent higher, and the Nasdaq Composite was 0.1 per cent higher. At the opening bell, the Dow Jones Industrial Average fell 30.65 points, or …

US stocks edge up after more than expected fall in retail sales
10 months, 1 week ago

US stocks edge up after more than expected fall in retail sales

Live Mint  

US stocks edged up on Thursday after more than expected fall in retail sales. ET, the Dow Jones Industrial Average was up 184.34 points, or 0.48 per cent, at 38,608.61, the S&P 500 was up 14.75 points, or 0.29 per cent, at 5,015.37, and the Nasdaq Composite was up 7.69 points, or 0.05 per cent, at 15,866.83. At the opening …

US Market: Wall Street rises on strong GDP data, S&P 500 sets a new record
10 months, 4 weeks ago

US Market: Wall Street rises on strong GDP data, S&P 500 sets a new record

Live Mint  

US Market News: Thursday saw gains in most US stock as a result of the most recent indication that the economy is still far better than anticipated. With robust consumer spending driving faster-than-expected growth in the fourth quarter, the US economy defied grim forecasts of a recession following the Federal Reserve's aggressive hike in interest rates. The US Federal Reserve …

Bond yields tumble as bets on rate cuts mount amid fresh signs of easing inflation
1 year ago

Bond yields tumble as bets on rate cuts mount amid fresh signs of easing inflation

Daily Mail  

Bond yields fell yesterday as fresh signs of easing inflation pressure threw the spotlight onto central banks ahead of key interest rate decisions. UK figures showed a slowdown in wage growth while in America inflation dipped to 3.1 per cent. Bond slump: UK figures showed a slowdown in wage growth while in America inflation dipped to 3.1% Central banks have …

US inflation figures put spring back in the step of global markets
1 year, 1 month ago

US inflation figures put spring back in the step of global markets

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FTSE 100 clawed back …

US bond yields rise above 5% for first time after 2007 on hawkish Fed policy
1 year, 2 months ago

US bond yields rise above 5% for first time after 2007 on hawkish Fed policy

Live Mint  

The benchmark US 10-year US Treasury bond yields rose above the 5 per cent -mark for the first time since 2007 on Monday, October 23, touching its 16-year high level after the Federal Reserve reiterated its hawkish stance to anticipate more rate hikes this year. The Euro zone government yields rose sharply on Monday as a sell-off in global bond …

Global Market Update: Dow, S&P 500 slump, US Treasury yields hit 16-year high
1 year, 2 months ago

Global Market Update: Dow, S&P 500 slump, US Treasury yields hit 16-year high

Live Mint  

Global Market Update: The Dow and S&P 500 were lower on Monday with utilities falling sharply, Nasdaq barely changed as investors weighed the likelihood that the Fed will hold interest rates higher for longer. Majority of US stocks fell alongside oil-and-gas stocks, with 85% of S&P 500 stocks dropping, but gains for Apple and some other influential Big Tech stocks …

US inflation rises for first time in 13 months
1 year, 4 months ago

US inflation rises for first time in 13 months

The Telegraph  

President Joe Biden signed an executive order Wednesday to block and regulate high-tech US investments going toward China, reflecting an intensifying competition between the world’s two biggest powers. 5 things to start your day 1) Disney raises price of streaming service as Iger cuts costs | It comes as Disney+ continues to lose paying subscribers 2) The Ozempic-killers already delivering …

Gold Prices Rise as Cooling US Inflation Raises Hopes of Fed Rate Hike Pause
1 year, 5 months ago

Gold Prices Rise as Cooling US Inflation Raises Hopes of Fed Rate Hike Pause

News 18  

Gold prices jumped more than 1% on Wednesday after signs of cooling inflation in the United States boosted hopes that the Federal Reserve could hit the brakes on its rate hike cycle sooner than previously thought. “Gold gapped $10 higher on the softer-than-expected CPI print on hopes that a July hike might be the last one of the cycle,” said …

An inflation gauge tracked by the Federal Reserve falls to its lowest point in 2 years
1 year, 5 months ago

An inflation gauge tracked by the Federal Reserve falls to its lowest point in 2 years

Associated Press  

WASHINGTON — An inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs. Still, last month’s progress in easing overall inflation was tempered by an elevated reading of “core” prices, a category that excludes volatile food and energy costs. From …

Global markets update: US stocks rise as major banks clear Fed’s stress test
1 year, 5 months ago

Global markets update: US stocks rise as major banks clear Fed’s stress test

Live Mint  

US stocks rose on Thursday as banks rallied after Federal Reserve's annual stress test showed that the biggest US banks have enough capital to weather a severe economic slump. Energy prices Brent crude for August delivery rose 31 cents to $74.34 a barrel on Thursday. Canada Canada stocks rose on Thursday, with the Toronto Stock Exchange's S&P/TSX composite index closing …

Global markets update: US stocks up on hopes of no hike in Fed rates
1 year, 6 months ago

Global markets update: US stocks up on hopes of no hike in Fed rates

Live Mint  

US stocks rose on Thursday on hopes that the Federal Reserve will not hike interest rates next week. Fears that the US Federal Reserve could opt for a hawkish stance in its meeting next week and expectations that the European Central Bank will continue to tighten its monetary policy weighed on global stock markets. Australia’s S&P/ASX 200 index fell 0.3% …

Global markets update: US stocks rise on hopes of pause in Fed rate hikes, debt deal approval
1 year, 6 months ago

Global markets update: US stocks rise on hopes of pause in Fed rate hikes, debt deal approval

Live Mint  

US stocks rose on Thursday on hopes that the Federal Reserve may pause interest rate hikes and on approval to debt deal. A report on Thursday showed that fewer workers applied for jobless benefits last week than expected, while another suggested employers increased their payrolls last month by more than forecast. Europe European stocks rebounded on Thursday on easing inflation …

Global Equities, US Yields Fall Ahead of Debt Ceiling Vote
1 year, 6 months ago

Global Equities, US Yields Fall Ahead of Debt Ceiling Vote

News 18  

Global equities and U.S. Treasury yields were lower on Wednesday as risk-off sentiment dominated markets, with investors focused on a much-anticipated vote in Congress on raising the U.S. debt ceiling. The U.S. dollar rose to a more than two-month high after data showed that job openings unexpectedly rose in April, pointing to persistent strength in the labour market that could …

US Stocks Rally Amid Strong Earnings and Signs of Dampening Economy
1 year, 7 months ago

US Stocks Rally Amid Strong Earnings and Signs of Dampening Economy

News 18  

U.S. stocks rallied and Treasury yields resumed their climb on Thursday as market participants digested solid earnings amid signs of a dampening economy. “It’s tough to know how much good news is good news, and vice versa, when it comes to what the Fed has to do.” The Dow Jones Industrial Average rose 479.55 points, or 1.44 percent, to 33,781.42; …

Dollar Gains on Rising US Yields, British Inflation Lifts Pound
1 year, 8 months ago

Dollar Gains on Rising US Yields, British Inflation Lifts Pound

News 18  

The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the greenback after British inflation stayed above 10 percent in March and put more pressure on the Bank of England to keep raising rates. The yield on two-year Treasury notes, which are sensitive to expectations for the U.S. central bank’s monetary policy, rose 7 basis …

Global market: SGX Nifty to US inflation, all that will drive stock market today
1 year, 9 months ago

Global market: SGX Nifty to US inflation, all that will drive stock market today

Live Mint  

Global market update: Equity and other assets, commodity markets settled on Wednesday as investors around the globe digested the US banking turmoil. Here are all the global factors that will drive the Indian market today: US Market US market ended in the green on Tuesday on in-line inflation data. US Dollar The dollar found support in Asia on Wednesday as …

Global markets: US, European stocks rebound as inflation data offsets banking crisis fears
1 year, 9 months ago

Global markets: US, European stocks rebound as inflation data offsets banking crisis fears

Live Mint  

Shares in the US and Europe climbed back on Tuesday on softening US inflation data as it offset fears over banking crisis. After the closure of Silicon Valley Bank and Signature Bank, investors believe that the US Federal Reserve will slow the pace of interest rate hikes at its meeting next week. European stocks European stocks gained on Tuesday on …

Gold rises on easing Dollar rally, but concerns remain over rate hikes
1 year, 9 months ago

Gold rises on easing Dollar rally, but concerns remain over rate hikes

India TV News  

Gold prices increased on Monday as the dollar pulled back, despite concerns about further interest rate hikes from the U.S. Federal Reserve that kept bullion close to a two-month low. Although gold prices hit their highest since April 2022 this month, they have since fallen by more than 7% after a slew of U.S. data pointed to a resilient economy. …

Discover Related