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US Economic Data - Gold slides on reduced haven demand, better US data
Gold edges lower as a result of easing hostilities in the Middle East and better-than-expected US economic data. US Durable Goods Orders smashed estimates on Monday, dispelling some of the pessimism ...
US, European markets performe mixed amid focus on Nvidia, federal interest rate cuts, key economic data
This upward movement reflects traders' anticipation of potential interest rate cuts by the Federal Reserve, which have been eagerly awaited amid concerns over economic data that had previously ...
As US rate cuts near, economic 'soft-landing' odds could dictate stock performance
With interest rate cuts virtually locked in, investors are ramping up their focus on economic data over the next few months as they game out whether the “soft landing” narrative that has helped drive ...
Three fundamentals for the week: Focus on the fragility of the US economy
Friday, 12:30 GMT. The Fed targets on the core Personal Consumption Expenditure (PCE) Price Index as its preferred inflation gauge, so it matters to markets. While the focus has shifted to the labor ...
Famous economist who predicted 2008 recession issues VERY grim warning over future of the US economy
recently told clients the revelation that the US economy created 818,000 fewer jobs over the last year than originally reported was the largest downward revision since the Great Recession. The Bureau ...