Author: Admin
“I’m looking for a financial planner, marriage counselor and, possibly, a divorce attorney.”
Highlights include Fed Meeting Minutes, ECB Minutes, RBNZ, Canada jobs, OPEC+, Japan LDP leadership election SAT: Japanese LDP Leadership Election SUN: OPEC+ Meeting Fed Meeting Minutes MON: EZ Construction PMI (Sep), Sentix (Oct), US Employment Trends (Sep), New Zealand NZIER (Q3) TUE: EIA STEO; German Industrial Orders (Aug), US International Trade (Aug), Canadian Trade Balance (Aug), Ivey PMI (Sep), Chinese FX Reserves (Sep) WED: RBNZ & NBP Policy Announcements, FOMC Minutes (Sep), BoJ’s Ueda; Japanese Overtime Pay (Aug), Swedish CPIF Flash (Sep) THU: ECB Minutes (Sep), Eurogroup Meeting; German Trade Balance (Aug), US Weekly Claims (TBC) FRI: Norwegian CPI (Aug),…
The NBA takes a big leap into streaming, while viewers can cozy up to Netflix’s ‘Nobody Wants This’ or freak out to the Halloween horror of ‘Monster: The Ed Gein Story’ and ‘It: Welcome to Derry’
As Singapore buzzed with energy in the lead up to the F1 race weekend, BullionStar welcomed a select group of special guests for an exclusive behind-the-scenes vault tour. This private visit offered a rare opportunity to step inside BullionStar’s operational precious metals vault — a secure facility that safeguards more than USD 1 billion in gold, silver, and platinum on behalf of customers from over 100 countries across the world. This private visit offered a rare opportunity to step inside BullionStar’s operational precious metals vault — a secure facility that safeguards more than USD 1 billion in gold, silver, and…
Gold price (XAU/USD) trades in a tight range around $3,860 during the European trading session on Friday, slightly below the all-time high around $3,900 posted on Thursday. The precious metal trades broadly firm as the partial closure of the United States (US) government and weakening job market conditions have increased hopes of more interest rate cuts by the Federal Reserve (Fed) in the remaining two policy meetings this year.Lower interest rates by the Fed bode well for non-yielding assets, such as Gold.According to the CME FedWatch tool, traders see an 87% chance that the Fed will also cut interest rates…
In his weekly Flow Show update, Bank of America chief strategist Michael Hartnett remains reluctant to call a top in markets
Why the Next Fed Chair Matters: Yield Curve Steepening, Fed Independence, and Market Implications Treasury Yield Curve The combination of loose U.S. fiscal policy and an easy monetary policy stance is raising red flags for global investors. Together, they increase the risk of higher inflation and could undermine confidence in the U.S. dollar. At the same time, concerns about the independence of the Federal Reserve may already be contributing to the recent steepening of the U.S. Treasury yield curve. This is why the appointment of the next Fed Chair is more than just a Washington decision. It is a major…
Warren Buffett’s Berkshire Hathaway says it is acquiring a “robust portfolio of operating assets” in Occidental’s OxyChem.
Gold (XAU/USD) remains confined in a narrow trading band through the first half of the European session as bulls now seem reluctant to place fresh bets amid still overbought conditions. Furthermore, investors seem unfazed by a partial US government shutdown, which is evident from a generally positive tone around the equity markets and contributes to capping the safe-haven commodity. That said, dovish Federal Reserve (Fed) expectations keep the US Dollar (USD) bulls on the defensive and continue to act as a tailwind for the non-yielding yellow metal.Traders ramped up bets that the US central bank will lower borrowing costs two…
It’s a bad time for the data to disappear.