| Updated: November 9, 2023
The precious metal gold price continues to trade sideways around 1,944 level as traders braces for the series of economic events from the U.S. economy. The U.S. Jobless Claims, Prelim GDP, and Fed Chair Jerome Powell speech may drive price action in gold prices. Checkout gold price forecast video.
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Gold Holds Firm Around $2,900 Mark, Trade Fears and Fed Rate Cut Bets Drive Stability Key momentsWhile Gold’s value fell from its Thursday peak of over $2,926, the precious metal continues to hover around $2,900.
President Trump's imposition of tariffs on major trading partners has fueled anxieties about a potential […]
USD/CAD hovers above 1-week low ahead of Canada retail sales The USD/CAD currency pair edged lower on Thursday ahead of Canadian retail sales data, which may provide further clues over the Bank of Canada's rate trajectory, and after the FOMC meeting minutes revealed a cautious approach to rate […]
Walmart shares close higher on Monday, US retailer to discontinue sales of e-cigarettes In an internal memo, cited by CNBC, Walmart announced that it would discontinue sales of e-cigarettes in its Walmart and Sam’s Club locations across the United States, as it pointed out "regulatory complexity" and "uncertainty" […]
Forex Market: USD/JPY trades little changed after BoJ keeps monetary policy on hold The yen traded little changed against the US dollar on Tuesday, after the Bank of Japan kept record easing, before an April sales-tax increase that may trigger the worst one-quarter contraction since the March 2011 earthquake.USD/JPY hit […]
Analog Devices Sees Stock Price Climb 3.2% on Q2 Profit Surge to $569.8M Key Moments:Analog Devices reported a fiscal Q2 profit of $569.8 million, $267.6 higher than last year’s figure.
Revenue hit $2.64 billion, a 22% increase that beat analyst expectations of $2.51 billion.
The company’s shares jumped […]
Grain futures decline, wheat falls, but is poised to snap the longest losing streak since October 2011 Grain futures lost ground on Friday, wheat also declined, but was poised to snap a seven-week drop on potentially harmful weather conditions in the US, the largest exporter of the grain.On the Chicago Board of Trade, wheat futures for […]