Spot gold was up 0.7% at $2,604.50 per ounce by 0749 GMT after hitting a record high of $2,609.62. U.S. gold futures rose 0.6% to $2,630.00, while silver gained 1.1% to $31.12.
The rand has survived a turbulent week of interest rate decisions and has come out on the front foot—which means good news ...
There is room for the Euro (EUR) to edge higher, but it is unlikely to be able the break the major resistance at 1.1200. In the longer run, the likelihood of EUR breaking above 1.1200 has increased, ...
China’s five-year loan prime loan remained unchanged even after the US Federal Reserve kicked off its rate-cutting cycle.
The dollar rose 0.74% to 143.65 yen, close to an overnight high of 143.95 on Governor Kazuo Ueda's remarks after the BOJ kept unchanged its overnight call rate target at 0.25% by a unanimous vote, as ...
China stocks closed higher on Friday, logging their first weekly gain in a month, as the jumbo US rate cut strengthened bets ...
Automobile shares led sectoral losses with a 2.9% fall, hurt by a 7.6% drop in Mercedes-Benz after the carmaker cut its ...
After an all-out fight against inflation over the past two years, the Federal Reserve recently voted to lower interest rates by half a percentage point.
Gold prices rose on Friday, maintaining an upward trend supported by the start of the Federal Reserve's easing cycle, which ...
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...
In the bond market, the yield on the 10-year Treasury held steady at 3.71%, where it was late Wednesday. The two-year ...
Stock futures edge up as Nike (NKE) shares surge over 8% on new CEO announcement, while FedEx (FDX) and Lennar (LEN) shares plummet on weak outlooks.