Gold Slumps Market 

Gold Slumps Below $1,800 as Fed Fears Resurface

Gold prices sank below key levels on Tuesday, with metal markets back under pressure as stronger-than-expected U.S. data boosted the dollar and ramped up uncertainty over strength in the U.S. economy and how the Federal Reserve will respond to it. The dollar rose for the first session in four on Monday, recovering from a five-month low after U.S. factory orders and services sector data showed that some facets of the economy were running well above expectations, which could feed into inflationary pressures. This could push the Fed into raising rates…

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Forex Expo Market 

Educational Plus Forex Expo 2022-23 Dubai: A Huge Success

Students Who Wish to Study Abroad Need Extra Support and The Expo Exhibition Held by The Gee Fairs Can Be the Best Option, Educational Plus Forex Expo Dubai 2022-23 Will Going to Be the Big Win. The World’s Largest Gee Fair Event Returns to The Uae for Another Hands-On Edition. The Expo Took Place On 28-29 April 2023 at Crowne Plaza, Dubai. Innovators, Thought Leaders, And Industry Shapers Flock to The Uae’s Premier Event Venue, Resulting in A Hotbed of Ideas and Networking Opportunities. The Atmosphere Is Extraordinary, So Let’s Take a Look at The…

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Twitter content Market 

France’s Macron Discussed Twitter Content Rules in Meeting With Musk

Emmanuel Macron said he had a “clear and honest” discussion with Twitter owner Elon Musk about the social media platform’s content moderation policies, just a day after the French president had flagged his concerns on the issue. “Transparent user policies, significant reinforcement of content moderation and protection of freedom of speech: efforts have to be made by Twitter to comply with European regulations,” Macron said in a tweet after his meeting with Musk on Friday afternoon. On Thursday, Macron – on a visit to the United States – said in…

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Dow futures Market 

Dow Futures Dip Following Mixed Session, Nonfarm Payrolls in Focus

U.S. stock futures were trading lower during Thursday’s evening deals, following a mixed performance among major indices as market participants braced for key jobs data slated for release later in Friday’s session. By 6:25 PM ET (11:25 PM GMT) Dow Jones Futures were little changed, S&P 500 Futures eased 0.1% and Nasdaq 100 Futures dipped 0.2%. In extended deals, Samsara Inc (NYSE:IOT) popped 21.2% after reporting Q3 losses of $0.02 per share versus expected losses of $0.06 per share, while revenue came in at $169.8 million versus $155.33M expected. Asana…

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Gold Hits Market 

Gold Hits Over 3-Month High As Powell Flags Slower Rate Hikes

Gold prices raced to a three-month high on Thursday after a forecast of smaller interest rate hikes by Federal Reserve Chair Jerome Powell sparked a rally in metal markets, while easing COVID-19 lockdowns in China saw copper prices surge to a two-week peak. The Fed chair said in an address at Washington that the central bank will likely moderate its pace of rate hikes in the coming months, as it steps back to observe the effects of sharp interest rate hikes on the economy this year. But Powell warned that…

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jerome Powell Market 

jerome Powell to Set Stage For Slowing Fed ate Hikes Amid Hawkish Tone

Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted by the Brookings Institution in Washington. It will be one of the last from policymakers before the start of a quiet period ahead of their Dec. 13-14 gathering. Chair Jerome Powell is expected to this week cement expectations that the Federal Reserve will slow its pace of interest-rates increases next month, while reminding Americans that its fight against inflation will run into 2023. Powell is scheduled to deliver a speech,…

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Dow Futures Market 

Dow Futures Dip After Positive Week

U.S. stock futures were trading lower during Sunday’s evening trade, after major benchmark indices finished the holiday shortened week higher as investors proved optimistic amid potentially smaller interest rate hikes from Federal Reserve policymakers. By 6:36pm ET (11:36pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.3% and Nasdaq 100 Futures were down 0.4%. In the week ahead, market participants will be looking toward fresh speeches from FOMC members Bullard and Williams on Tuesday and CB consumer confidence on Wednesday. On Thursday, ADP employment, JOLTS job openings,…

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Financial Goals Market 

How to Set Financial Goals for Your Future

Setting short-term financial goals, as well as midterm and long-term, is an important step toward becoming financially secure. If you aren’t working toward anything specific, you’re likely to spend more than you should. You’ll then come up short when you need money for unexpected bills, not to mention when you want to retire. You might get stuck in a vicious cycle of credit card debt and feel like you never have enough cash to get properly insured, leaving you more vulnerable than you need to be to handle some of…

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Dollar down Market 

Dollar Down as Fed Minutes, U.S. Data Weighs

The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve’s November meeting showed that most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes. The readout of the Nov. 1-2 meeting, at which the Fed raised its key rate by three-quarters of a percent for the fourth straight time in an effort to combat decades-high inflation, showed officials were largely satisfied they could stop front-loading the rate increases and move in smaller steps.  The minutes…

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Gold steady, Copper Rises Amid Smaller Rate Hike Expectations

Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term, which also trimmed dollar gains. A growing number of Fed officials said in recent weeks that the central bank is likely to raise interest rates by a relatively smaller margin – 50 basis points (bps) – in December. This spurred a growing amount of bets that U.S. inflation has peaked, and that the central bank will eventually taper its…

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