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Israel-Iran may re-emerge war! Trump considers undermining Powell
On Thursday, June 26, spot gold trading around $3,337/ounce, gold prices remained stable on Wednesday, market participants remained cautious before the release of key U.S. economic data, and a ceasefire between Iran and Israel affected safe-haven demand, Trump...
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The dollar hits a four-year low, waiting for US PCE data
In the Asian market on Thursday, the US dollar index continued to decline, setting a low since March 2022. Weaker U.S. dollar and falling U.S. Treasury yields are usually good for gold as it reduces the opportunity cost of holding interest-free assets. However...
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A collection of positive and negative news that affects the foreign exchange mar
1. Some internal differences within the Federal Reserve are intensifying, and short-term support and long-term pressure coexist. Fed officials have recently disagreements over the path of interest rate cuts, becoming the core variable affecting the trend of th...
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Powell remains patient, analysis of short-term trends of spot gold, silver, crud
Global Market Review 1. European and American market trends. The three major U.S. stock index futures rose and fell. Dow futures fell 0.08%, S&P 500 futures rose 0.03%, and Nasdaq futures rose 0.16%. The German DAX index fell 0.52%, the UK FTSE 100 index fell ...
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The dollar is hovering below 98, waiting for Powell to speak the next day
Financial markets remained relatively calm earlier on Wednesday after volatility on Tuesday. In the second half of the day, new home sales data for May will appear in the US economic calendar. In addition, Fed Chairman Jerome Powell will speak before the Senat...
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Powell said it would take more time before the rate cut, and gold fell below the
On June 25, in the early trading of Asia on Wednesday, Beijing time, the US dollar index hovered around 97.94. On Tuesday, the US dollar index continued to fall nearly 0.50% in the Asian and European sessions, falling below the 98 mark, and then rebounded slig...
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US dollar index declines, focusing on testimony of Powell's semi-annual policy r
In Asian session on Wednesday, the dollar index hovered below $98, falling on Tuesday after Iran and Israel announced a ceasefire and the euro rose to its highest level since October 2021, although Fed Chairman Powell reiterated that he expects inflation to st...
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Focus on Powell's testimony in Senate semi-annual policy report, safe-haven dema
Basic news on Wednesday (June 25, Beijing time), spot gold trading was around $3,323/ounce, and gold prices fell on Tuesday, hitting the lowest level in more than two weeks, after Iran and Israel announced a ceasefire, weakening the demand for safe-haven gold....
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