Yearly Archives: 2024
Bullish Gold Trades To All-Time High

Written on April 19, 2024 at 6:23 am, by
Market Summary Gold prices have reached another milestone, currently trading steadily above $2300, as market sentiment leans towards the likelihood of a Federal Reserve interest rate cut this year. Federal Reserve Chair Jerome Powell’s speech yesterday reiterated the central bank’s stance, indicating that it will take more time to assess market conditions before considering aContinue Reading
Dollar Eases Ahead Of Jerome Powell Speech

Written on April 19, 2024 at 6:22 am, by
Market Summary The U.S. stock market experienced a significant decline yesterday, with all three major indexes dropping by approximately 1%. This downturn occurred as U.S. long-term Treasury yields surged to their highest level since last December, fueled by robust economic data suggesting that the Federal Reserve might postpone interest rate cuts. However, the dollar indexContinue Reading
Dollar Eases Ahead Of Jerome Powell Speech

Written on April 19, 2024 at 6:22 am, by
Market Summary The U.S. stock market experienced a significant decline yesterday, with all three major indexes dropping by approximately 1%. This downturn occurred as U.S. long-term Treasury yields surged to their highest level since last December, fueled by robust economic data suggesting that the Federal Reserve might postpone interest rate cuts. However, the dollar indexContinue Reading