Gold prices hovered near a four-week high on Friday, poised for their best week since mid-November, as investors awaited U.S. jobs data to gauge how aggressively the Federal Reserve might cut interest rates this year.
Lim Hui Jie
Asia-Pacific markets mostly fell Friday, with investors assessing November pay and household spending out from Japan.
Holly Ellyatt
European markets are expected to open broadly lower Wednesday as traders assessed the region’s economic outlook.
Gold prices edged lower on Wednesday, pressured by higher U.S. Treasury yields and a stronger dollar after data suggested the Federal Reserve might slow the pace of rate cuts this year.
Lee Ying Shan
Asia-Pacific markets traded mixed Wednesday, following Wall Street declines after Treasury yields rose and major U.S. tech stocks declined.
Holly Ellyatt
European markets are expected to start the new trading week mostly higher Monday.
Gold prices inched higher on Monday, supported by a softer dollar, while investors awaited a slew of U.S. economic data including the December nonfarm payrolls report for further guidance on the Federal Reserve’s interest rate stance.
Lim Hui Jie
This is CNBC’s live blog covering Asia-Pacific markets.
Asia-Pacific markets were mixed on Monday as investors assessed business activity figures from several key economies in the region.
Holly Ellyatt
European markets opened lower Monday as a shortened trading week began in the run-up to Christmas.
Spot gold edged higher on Monday, supported by short covering after a weekly loss on Friday due to the Federal Reserve’s cautious stance on rate cuts in the upcoming year.
This will close in 0 seconds
