• October 16, 2024

Gold Prices Rise; Euro, Yen Continue to Struggle Against the US Dollar

Gold Gains 0.52% on a Weakening US Dollar Gold ( XAU/USD ) rose by 0.52% on Tuesday as the US dollar (USD) and Treasury yields declined slightly following weake...

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• October 16, 2024

UK Inflation Plunges Below 2%, BoE Signals Dovish Shift – GBP/USD Set for Decline?

Europe’s biggest company revealed its results a day earlier – by accident – and the results were not good at all. ASML (NASDAQ: ASML ) booked about half of the orders pencilled in by a...

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• October 9, 2024

Fed's Logan calls for 'gradual' rate cuts, says 'should not rush'

(Reuters) - Dallas Federal Reserve Bank President Lorie Logan on Wednesday said she supported last month's outsized interest-rate cut but wants smaller reductions ahead, given "still real" upside ri...

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• October 9, 2024

Germany's economy is on track to shrink for a second straight year

BERLIN (AP) — Germany's government said Wednesday that the country's economy, Europe's biggest, is on track to shrink for a second consecutive year — underlining the unpopular administration's troub...

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• October 9, 2024

Pimco Says Buy Five-Year Bonds as Fed Sticks the Soft Landing

(Bloomberg) -- Investors who expect central banks in industrialized nations to successfully tap the brakes on growth while skirting downturns would do well to target five-year bonds, according to Pa...

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• October 9, 2024

Brazil’s Inflation Accelerates After Electricity Prices Surge

(Bloomberg) -- Brazil’s annual inflation sped up roughly in line with estimates in September after the nation’s energy regulator hiked electricity costs in response to the worst drought on record. ...

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• October 9, 2024

RBC BlueBay Sees Risk of Trump, Harris Policies Fueling Fed Hike

(Bloomberg) -- There is a risk the Federal Reserve has to raise interest rates next year given the inflationary policy platforms of both US presidential candidates, according to Mark Dowding, the ch...

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• October 9, 2024

Oil slips as strong supply counters Middle East and hurricane risk

By Arunima Kumar LONDON (Reuters) -Oil prices erased early gains on Wednesday as weak demand fundamentals and rising supply countered elevated risk of supply disruption from conflict in the...

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• October 9, 2024

Jamie Dimon backs Jerome Powell’s rate cut strategy

The Fed may claim it's not Jay Powell's job to please the markets , but backing from JPMorgan CEO Jamie Dimon doesn’t hurt. In September, Powell and the Federal Open Market Committee (FOMC) cut...

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• October 9, 2024

Fed September minutes may show whether 50 bps rate cut was a slam dunk or a hard sell

By Howard Schneider (Reuters) - Minutes of the U.S. Federal Reserve's half-a-percentage-point rate cut last month, to be released on Wednesday, may provide a final word on just how divided policy...

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