FED RATE CUT
Gold price hits fresh record; jobs data among key factors behind rally
Gold prices soared to a record high of $3,636.69 an ounce on Monday, driven by soft U.S. labor data fueling expectations of a Federal Reserve interest rate cut. The anticipation of lower rates, coupled with a weaker dollar and strong central bank buying, particularly from China, has propelled gold's impressive gains this year. Investors are now closely watching upcoming U.S.
US stocks tick higher as Fed rate cut expectations firm
Stock values are slightly increasing today. Investors are awaiting economic data this week. This data will influence the Federal Reserve's decision on interest rates. AppLovin and Robinhood Markets will join the S&P 500. EchoStar will sell licenses to SpaceX. Japan's economy grew more than expected. Shigeru Ishiba plans to resign. Markets in Europe and Asia are mostly up.
US stock futures edge higher today: Dow, S&P 500, Nasdaq start the week in green as Wall Street bets on Fed cut and key inflation test
US stock futures edged higher today as Dow, S&P 500 and Nasdaq pointed to a green start for the week. Traders are betting on a September Fed rate cut after a weaker-than-expected jobs report, while gold hovered near $3,600 and treasury yields fell ahead of key inflation data.
Market Wrap: Auto, metal stocks lift Sensex up 76 points, Nifty above 24,770 on GST relief, Fed rate cut bets
Indian benchmark indices Sensex and Nifty closed in the green on Monday, lifted by auto and metal shares, as optimism over sweeping GST tax cuts and China’s steel reforms supported sentiment alongside expectations of a Federal Reserve rate cut this month.
Commodity Radar: Fed rate cut to boost gold's appeal. Buy on dips, says LKP Securities expert
Domestic gold prices surged to a lifetime high of ₹1,08,060 per 10 gm, supported by rupee weakness, Fed rate cut hopes, and safe-haven demand amid global economic and geopolitical uncertainties.
Gold pierces $3,600 mark as traders weigh Fed rate-cut bets
Gold prices hit a record high on Monday. This happened after weak job data in the United States. The data increased the expectation that the US Federal Reserve will cut interest rates. Spot gold increased. The rise was also driven by a weaker dollar and central bank buying. Investors are now waiting for the US inflation report.
- Go To Page 1
StanChart revises Fed cut expectations to 50 bps in September after weak US jobs data
Standard Chartered anticipates a significant 50 basis point interest rate cut by the U.S. Federal Reserve at its September 17 meeting. This revised forecast follows weaker-than-expected August jobs growth and a rise in unemployment to 4.3%. The brokerage firm believes the rapidly softening labor market necessitates a more aggressive monetary policy response.
Yen slides after Japan PM Ishiba resigns
Ishiba on Sunday announced his resignation, ushering in a potentially lengthy period of policy uncertainty at a shaky moment for the world's fourth-largest economy.
Gold hovers near record high on US rate-cut expectations
Gold prices remained near record highs, approaching $3,600, fueled by expectations of a U.S. Federal Reserve rate cut following a weak jobs report. Traders anticipate a 25-basis-point cut, with a small chance of a larger one. China's gold reserves increased for the tenth consecutive month, while speculators raised net long positions.
Asian stocks gain on rate cut optimism, yen dives after Ishiba resigns
Following weak U.S. jobs data, stocks rose amid expectations of Federal Reserve rate cuts, while the dollar weakened. Japan's yen declined due to political uncertainty after Prime Minister Ishiba's resignation, raising concerns about future monetary policy. Gold prices remained near record highs as investors awaited U.S. inflation data and monitored political developments in France.
Charting the Global Economy: Weak US jobs data to prod Fed rate cuts
Concerns about a potential US labor market downturn intensified following disappointing employment data, increasing expectations for Federal Reserve interest rate cuts. Globally, factory activity contracted, particularly impacting Europe's electric vehicle market and prompting innovative recruitment strategies in the defense sector.
Trump's short list for Fed: Hassett, Warsh and Waller
President Trump is considering Kevin Hassett, Kevin Warsh, and Christopher Waller to succeed Jerome Powell as Federal Reserve chair, seeking leadership aligned with his interest-rate cut demands. Trump has criticized Powell's cautious approach, citing concerns about the economy.
US Treasury Secretary Bessent calls for big changes at Fed
U.S. Treasury Secretary Scott Bessent has urged a thorough review of the Federal Reserve, questioning its interest rate authority. He criticized the Fed's policies for allegedly fueling inflation and benefiting the wealthy, advocating for a shift in focus towards its core mandate.
Fed's Goolsbee says he's undecided on Sept rate cut, defends Fed independence
Chicago Fed President Austan Goolsbee remains undecided on a September rate cut despite recent job-market weakening data. He defended the Fed's independence, opposing any moves to undermine it. Goolsbee expects future nominees to take their roles seriously, amidst concerns about potential political influence from President Trump's nominee.
Trump's short list for Fed Chair: Kevin Hassett, Kevin Warsh and Christopher Waller
President Trump is considering Kevin Hassett, Kevin Warsh, and Christopher Waller to succeed Jerome Powell as Fed chair, seeking someone aligned with his desire for interest-rate cuts. This decision comes amid concerns about a softening labor market and Trump's criticism of Powell's cautious approach. The choice will significantly impact financial markets and the Fed's independence.
US bond market may be too sanguine about underlying fiscal, inflation risks
Some investors are worried about the United States bond market. They see risks from recent market moves. They are concerned about White House pressure on the Federal Reserve. This pressure is for interest rate cuts. Investors also worry about long-term fiscal risks. The bond market's health is a concern. Some think the market is underpricing risks.
US stock market crashes — Dow, S&P 500, Nasdaq all lost after shocking August jobs report; possible Fed rate cut ahead
U.S. stocks swung sharply lower Friday after a surprisingly weak August jobs report reinforced the case for a Federal Reserve rate cut at its September 17 meeting. Stocks initially surged on the prospect of cheaper borrowing costs but quickly reversed as investors digested the economic slowdown behind the Fed’s likely pivot.
Will Fed chair Jerome Powell cut rates following the weak jobs report?
August jobs report marks the fourth consecutive month of cooling labor growth, strengthening the case for a rate cut at the Fed’s September 16–17 meeting. Chair Jerome Powell has already signaled that policymakers are monitoring the slowdown closely.
US job growth slows sharply in August, unemployment rate ticks higher
U.S. job growth significantly slowed in August, with a surprising increase in the unemployment rate to 4.3%. This raises concerns about a weakening labor market and fuels speculation that the Federal Reserve might aggressively cut interest rates. Economists suggest uncertainties over tariffs are freezing hiring, potentially leading to negative job growth.
August Jobs Report Today — will Wall Street soar or sink?
August jobs report lands today with Wall Street on edge. After weeks of weak hiring data, rising jobless claims, and the worst August layoff announcements since the Great Recession, the labor market looks increasingly fragile. Traders are watching closely because these numbers could lock in the Fed’s next rate cut and determine whether stocks keep rallying or face a sharp pullback. Tech giants, homebuilders, and financials are all in play as investors prepare for the headline figures.
Dollar holds ground as bonds find footing, jobs data looms
The dollar steadied as bond markets recovered, awaiting crucial U.S. jobs data that could reinforce expectations of a Federal Reserve rate cut. Investors are cautiously optimistic, with many believing the dollar is currently undervalued and poised for a rebound after the anticipated rate cut. Meanwhile, the yen gained ground following details of a finalized U.S.
Gold prices set for best week in three months; US jobs data on tap
Gold prices saw a slight increase on Friday, poised for their best week in three months, fueled by growing expectations of a U.S. interest rate cut this month. The market's attention is now focused on the U.S. non-farm payrolls data due later today, which could offer further clarity on the Federal Reserve's interest rate trajectory. Spot gold was up 0.
Nasdaq, S&P 500 end higher with Alphabet, Apple, rate-cut hopes; Dow dips
The Nasdaq and S&P 500 closed higher Wednesday, propelled by Alphabet's surge following a favorable ruling and optimism surrounding potential Federal Reserve interest rate cuts. Alphabet's shares soared, boosting tech indices, while Apple also benefited. Investors are anticipating further economic data, particularly the upcoming jobs report, amidst ongoing concerns about tariffs and their impact on corporate earnings.
Gold extends record run on strong safe-haven inflows
Gold prices are hitting new records due to market uncertainty. Investors anticipate the U.S. Federal Reserve will cut interest rates. This expectation is boosting demand for gold. Donald Trump's administration is seeking a Supreme Court ruling on tariffs. The market is watching U.S. non-farm payrolls data. This data will influence the Fed's rate cut decision later this month.
Gold extends record run as US rate-cut bets lift appeal
Gold prices continued their record-breaking surge, surpassing $3,500 per ounce, fueled by strong investor expectations of a U.S. Federal Reserve interest rate cut in September. The anticipation of lower interest rates and increased holdings in gold-backed ETFs are contributing to the precious metal's bullish momentum. Investors are closely monitoring upcoming U.S.
Gold touches record high above $3,500 amid anticipation of US interest rate cut
Gold prices briefly surged to a record high, exceeding $3,508 an ounce, driven by anticipation of US interest-rate cuts and anxieties surrounding the Federal Reserve's future. This rally, fueled by expectations of a subdued labor market and subsequent rate reductions, has significantly boosted gold's appeal as a haven asset.
After gold smashes $3,500 record, silver price crosses $40 for first time in 14 years — is this the start of a precious metals supercycle?
Silver price has surged past $40 for the first time in 14 years, just as gold smashes a $3,500 record. With Fed rate-cut hopes rising and industrial demand soaring, investors are asking if this rally marks the start of a historic supercycle.
Gold hits record high as US rate-cut hopes, softer dollar boost appeal
Gold prices surged to a record high, fueled by a weaker dollar and growing anticipation of a U.S. interest rate cut this month. Market sentiment is influenced by President Trump's criticism of the Federal Reserve's independence. Investors are closely monitoring upcoming U.S. non-farm payrolls data to gauge the extent of the expected Fed rate cut.
Load More
