- May 13, 2024
- By: Admin1_blog
- EU Market, Indices
Holly Ellyat
European markets are heading for a mixed open at the start of the new trading week, and investors will be keeping a close eye on the latest U.S. inflation figures.
Holly Ellyat
European markets are heading for a mixed open at the start of the new trading week, and investors will be keeping a close eye on the latest U.S. inflation figures.
Gold prices climbed on Friday, en route to their best week in five, with zero-yield bullion building on momentum fueled by weaker U.S. jobs data this week that reinforced expectations for interest rate cut by the Federal Reserve.
Lim Hui Jie
Asia-Pacific markets were mixed Monday as investors assessed China’s stronger-than-expected April inflation data.
Holly Ellyatt
European markets are heading for a positive start to trading Tuesday as traders look ahead to a busy day of earnings reports in the region.
Gold prices climbed more than 1% on Monday, as the U.S. dollar weakened after softer-than-expected U.S. jobs data fueled expectations of potential interest rate cuts by the Federal Reserve later this year.
Lim Hui Jie
Asia-Pacific markets climbed on Tuesday, extending gains from the previous session, as Wall Street rose overnight on expectations that the Federal Reserve will cut interest rates.
Matt Clinch
KEY POINTS
Gold prices ticked higher on Monday, as expectations that the Federal Reserve will start cutting interest rates later in the year and tensions in the Middle East lifted bullion’s appeal.
Lim Hui Jie
Asia-Pacific markets tracked Wall Street gains on Monday as a softer-than-expected U.S. jobs report fueled hopes that the Federal Reserve could start cutting rates soon.
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