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Next week's inflation data may provide Powell with chance to tee up September cut
Investing.com via Yahoo Singapore Finance· 8 hours agoInvesting.com -- Next week's inflation data may provide Federal Reserve's chairman Jerome Powell with the opportunity to tee up a September rate cut, Jefferies said, following a slew of recent ...
US jobs growth in June beats expectations
BBC via Yahoo Singapore Finance· 10 hours agoFinancial markets are betting on a roughly 72% probability of a rate cut at the Fed's September meeting, and traders are also pricing in a rising chance...
Magnificent 7 Stocks Propel S&P 500, Nasdaq 100 To Record Highs As Jobs Data Fuels Rate Cut Bets;...
Benzinga via Yahoo Singapore Finance· 8 hours agoS&P 500 and Nasdaq 100 indices surged to new all-time highs on Friday, driven primarily by a rally...
Gold prices rise to one-month high after US jobs report
Reuters via Yahoo News Singapore· 23 hours agoSpot gold was up 1.1% at $2,380.91 per ounce as of 11:08 a.m. (1508 GMT). "Gold is trading at...
State of the Union: Imminent famine in Sudan and Orbán's EU presidency
Euronews via Yahoo News Singapore· 9 hours agoFor over 300 years, adults and children from various parts of Africa were abducted and shipped...
U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021
CoinDesk via Yahoo Singapore Finance· 13 hours agoGox repayments and German government sales. Ahead of this morning's data, traders were putting...
5 ETF Predictions for the Second Half of 2024
Zacks via Yahoo Singapore Finance· 11 hours agoThe latest bouts of data point to a softening economy, injecting fresh hopes of rate cuts in September. The U.S. services sector contracted in June at...
US economy adds 206K jobs in June
The Hill via Yahoo Singapore Finance· 13 hours agoThe U.S. economy added 206,000 jobs in June and the unemployment rate rose slightly to 4.1 percent, according to Labor Department data released Friday....
High gold prices dull activity in India and China
Reuters via Yahoo Singapore Finance· 15 hours agoPhysical gold dealers in India offered discounts for the ninth consecutive week due to high prices, as they await a potential import duty reduction in...
Rupee closes flat, logs weekly decline; US jobs data in focus
Reuters via Yahoo Singapore Finance· 21 hours agoThe Indian rupee closed nearly unchanged on Friday as importer dollar demand weighed on the...