Gold Price Drops Below $4,400 Amid Fed Rate Hike Concerns
Gold prices have fallen below $4,400 as strong U.S. jobs data raises expectations for further Federal Reserve rate hikes, impacting market sentiment.
Gold prices have fallen below $4,400 as strong U.S. jobs data raises expectations for further Federal Reserve rate hikes, impacting market sentiment.
The yen has risen to its highest value since February, reaching 154.06 against the dollar, surpassing previous intervention levels, according to BNY's Geoff Yu.
A new study from the NY Fed reveals that the dollar's decline in global reserves is driven by a few reserve managers, not a broad trend away from the currency.
CME Group reports a record $207 billion in gross notional open interest, reflecting increased institutional interest in interest rate products and market
The CAPE ratio, a long-term market trend indicator, suggests a possible downturn, having flashed a warning seen only six times since 1871.
JPMorgan strategists recommend seizing opportunities in equity dips, citing strong earnings growth as a buffer against rising bond yields and market volatility.
Amrita Sen of Energy Aspects highlights China's oil demand and ongoing disruptions in the Strait of Hormuz, suggesting a potential rise in crude prices.
The Philippines is proposing a 12-month freeze on new payment operator registrations to improve regulatory oversight and consumer protection.
Bitcoin has dropped 1.1% since midnight UTC, halting the weekend's altcoin rally as Nasdaq 100 futures see a slight increase of 0.3%.
Societe Generale's Bokobza cautions that a 6% Treasury yield could lead to valuation compression in equity markets and prompt investor reallocations.
Alain Bokobza of Societe Generale indicates that a 5.5% yield on 10-year US Treasuries could pressure equity valuations by exceeding earnings growth.
Coinbase expands its offerings in Canada by introducing derivatives for Bitcoin, Ethereum, and Solana, aligning with Eric Richmond's vision for an 'Everything
The Belgian football federation's withdrawal of support for Gianni Infantino's FIFA re-election bid reflects rising discontent among European federations.
Upcoming economic indicators, including US CPI and ECB rate hikes, are set to impact the USD/JPY exchange rate and FOMC policy decisions next week.
Major US university endowments have outperformed the S&P 500, driven by significant investments in tech firms like SpaceX, reversing previous underperformance.
DBS and Citi have successfully executed the first weekend cross-border USD payment using tokenized deposits on Swift's blockchain, enhancing global banking.
French Finance Minister Roland Lescure emphasizes the need for significant savings in the 2027 finance bill to address a growing budget deficit amid economic
A Coinbase-backed crypto bridge is closing as low fees fail to support its infrastructure, with a significant ROUTE token burn still pending.
Despite rising global bond yields, investors are leaning towards stocks and credit, driven by improving earnings across markets.
Cardano remains above critical EMAs around $0.22, indicating strengthening momentum. A detailed analysis of support and resistance levels is provided.