Gold Tops $2400 Amid Rate-Cut Hope: Is the Bull Run Over?
The anticipation of a Federal Reserve rate cut in September has invigorated the gold market, propelling prices above the $2,400 threshold for the first time since May 22nd. This surge followed the release of US Consumer Price Index (CPI) data on Wednesday, which fell short of Wall Street expectations and prompted the market to price in over a 90% chance of a rate cut in September.
Everything You Need to Know on Thursday: RBC Restructures, Divides Key Banking Division into Two
Good morning mooers! Here are things you need to know about today's market:
Everything You Need to Know on Wednesday: OPEC Data Shows Some Members Still Surpassing Output Quotas
Good morning mooers! Here are things you need to know about today's market:
AU Evening Wrap: Australia Shares Dip as Mining Shares Decline; Financials Offer Limited Support
Australian shares dip as mining shares decline. The materials sector faces pressures from weaknesses in both iron ore and lithium stocks.
Everything You Need to Know on Tuesday: Canada's Mining M&A Limits May Lower Metals Firms' Valuations, Says Scotiabank
Good morning mooers! Here are things you need to know about today's market:
TD, Royal Bank of Canada Mute Declines in Barrick, Newmont, Sending TSX Higher
Canadian stocks gained Monday as the rally in banks offset the declines in energy and metals and mining.