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Trendline
Gold and Silver Prices Expected to Rise Amid US Inflation Data and Geopolitical Tensions
Gold and Silver Prices Expected to Rise Amid US Inflation Data and Geopolitical Tensions
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Reuters
Morning Bid: Suddenly the Strait of Hormuz is 'irrelevant' to the US
Aug 10 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Asian stocks are mostly firmer, following Friday's Wall Street rally, though European share futures are off as oil rises amid much confusion over the Strait of Hormuz.
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AP News
World shares are mixed after Wall Street gains, while oil prices bounce higher
Shares in Europe and Asia are mixed, with Japan's Nikkei 225 leading advances after U.S. stocks ended last week with gains
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Trendline
Gold Prices Surge as XAU/USD Approaches $4,500 Amid Economic Uncertainty
Gold Prices Surge as XAU/USD Approaches $4,500 Amid Economic Uncertainty
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TheStreet
Goldman Sachs delivers its verdict on inflation and jobs
For most of the past two years, investors have treated the monthly jobs report as the most important number in the economy. Strong hiring meant the Fed could hold rates higher. Weak hiring meant cuts were coming. The relationship was simple enough that markets moved predictably on the first Friday ...
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Reuters
Asia stocks edge higher, oil up amid Gulf confusion
By Wayne Cole SYDNEY, Aug 10 (Reuters) - Asian share markets tracked Wall Street higher on Monday after a soft U.S. jobs report pared the risk of a near-term rise in borrowing costs, though a lack of progress in Gulf peace talks saw oil prices creep higher.
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Reuters
Asia stocks gain, oil up amid Gulf confusion
By Wayne Cole SYDNEY, Aug 10 (Reuters) - Asian share markets tracked Wall Street higher on Monday after a soft U.S. jobs report pared the risk of a near-term rise in borrowing costs, though a lack of progress in Gulf peace talks saw oil prices creep higher.
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TheStreet
Stock market hits records as Fed removes key safety net
Wall Street just got the milestone investors have been waiting for. The S&P 500hit new highs this week, and the Dow Jones Industrial Average closed above 54,000 for the first time. The Nasdaq also jumped as technology and artificial-intelligence stocks bounced back from their summer slump. If ...
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Reuters
US suffers unexpected job losses in July, markets dial back rate hike expectations
By Lucia Mutikani WASHINGTON, Aug 7 (Reuters) - The U.S. economy unexpectedly shed jobs in July and previously reported job gains for the prior two months were revised sharply lower, tempering financial market expectations for an interest rate hike from the Federal Reserve next month.
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AP News
US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes for easier rate policy
Stocks are mostly rising in early trading on Wall Street and Treasury yields are falling after the government reported that employers unexpectedly cut 23,000 jobs last month
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Trendline
Gold Prices Supported by Middle East De-escalation, US CPI Report Looms
Gold Prices Supported by Middle East De-escalation, US CPI Report Looms
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Detroit Free Press
In unexpected twist, stocks rise after unexpected jobs report
By midday Friday, the S&P 500 had climbed more than 3.5% for the week, its strongest performance since April, while reaching fresh record highs.
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