No Data
No Data
No Data
Gold market analysis: Bank of Japan interferes with the dollar falling and gold prices are calmly awaiting important events
Wang Gang of the Guangdong branch of the Bank of China said that although it was reported on Monday that the US dollar index fell slightly due to market intervention by the Bank of Japan, the impact on gold seemed limited. Gold market participants are basically focused on waiting for the Federal Reserve's interest rate meeting on Wednesday and the non-farm payrolls report on Friday, hoping to get a glimpse into the Fed's interest rate trend. Furthermore, the strength of the non-agricultural sector on Friday, especially wage growth, will be a key influencing factor disrupting the gold trend.
FX678 Finance00:28 ET
Dow Jones Industrial Average, S&P 500 and Nasdaq Composite Close Higher Ahead of FOMC Day | Market Story
Dow Jones Industrial Average, S&P 500 and Nasdaq Composite All Higher Ahead of FOMC Day
moomoo News14:12 ET
Gold market analysis: This week ushered in the Fed's decision and non-agricultural gold prices to remain stable
Wang Gang of the Guangdong branch of the Bank of China said that the US inflation data showed no signs of slowing down last Friday. Since the beginning of 2024, the PCE short-term trend favored by the Federal Reserve has been rising steadily. This triggered the market to confirm expectations that the Fed may postpone interest rate cuts until later this year, and it is expected that the Fed will show a hawkish trend at the May interest rate meeting. The Federal Reserve will announce its monetary policy decision on May 1. The market expects the Fed to keep the policy interest rate of 5.25% to 5.5% unchanged.
FX678 FinanceApr 28 23:52 ET
Gold Soars Against The Odds: Eastern Buying Spree Or 1970s Redux? Billionaire Investor David Einhorn Thinks There's A 'Secular Trend'
Gold has been on a remarkable rise in 2024, reaching record highs. The surge is attributed to a combination of factors, including the de-dollarization trend, central bank buying, and increased demand
BenzingaApr 28 22:45 ET
We're Getting Whiffs of Stagflation, Sosnick Says
Steve Sosnick, Interactive Brokers chief strategist, says the push-pull between stocks and bonds is getting a little nerve racking. He says the bond market is starting to get a little stressed. He is on "Bloomberg Markets: The Close."
BloombergApr 28 04:16 ET
Market Closes Green After Tech Earnings | Market Story
Indexes were in the green at open, riding the highs of the most recent tech earnings. Alphabet said it would start paying dividends soon, launching both share classes up 9%.
moomoo NewsApr 26 16:03 ET