The Fed's Ambivalence: What Investors Can Expect from Its Dovish Shift
While the Federal Reserve has kept interest rates unchanged, recently released economic data such as PCE, CPI, and the unemployment rate suggest that inflation is trending in the right direction, leading the market to believe that a cycle of decreasing interest rates will begin soon. However, the debate continues; it's not about "whether or not," but rather "when and how" rate cuts will occur.
Gold Pushes Higher as Investors Expect Fed Will Start to Ease
Gold headed for a back-to-back weekly gain on expectations that the Federal Reserve will trim interest rates before year-end, with traders looking ahead to US payrolls data for the next batch of clues on the outlook.
Gold Price Jumps on Rising Hopes for U.S. Rate Cuts; Silver Surges 4%
S&P 500, Nasdaq 100 Climb To Record Highs As Data Fosters Rate Cut Optimism Ahead Of Fed Minutes; Gold, Bonds Rally: What's Driving Markets Wednesday?
The S&P 500 and Nasdaq 100 indices surged to new all-time highs on Thursday, as investors heightened their expectations for rate cuts following June's sharply lower-than-expected services sector activ
Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Amid a Drop in the Dollar Following Key US Economic Data.
Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Amid a Drop in the Dollar Following Key US Economic Data.
Anglogold Ashanti Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/03/2024 22.75% JP Morgan $33 → $32 Maintains Overweight 05/28/2024 26.58% JP Morgan $31 → $33 Maintains
Recent Decline in Commodities Is Only Temporary, JPM Says in Mid-year Outlook
XLB: Newmont, DuPont, Freeport-McMoRan Among Q2 Gainers, Albemarle Falls Behind
Worsened lithium prices? Annual production capacity increased by 79%, with four mines in Argentina jointly contributing, including Zijin Mining and Ganfeng Lithium.
Four new lithium mining projects in Argentina will be put into production in the coming weeks to months, which will nearly double Argentina's lithium production capacity. Although the new capacity will not be put into use immediately, the increased certainty of future supply will undoubtedly further increase the downward pressure on lithium prices.
Bitcoin, Blockchain, India Among Top-performing Themes of H1 2024: Ned Davis Research
7 Stocks, 5 ETFs Move On Friday As Fed's Preferred Inflation Rate Hits 3-Year Low
Futures on U.S. equity indices inched slightly higher in Friday premarket trading after the Fed's favorite inflation gauge, the Personal Consumption Expenditure (PCE), fell to 2.6% year-on-year in May
Commodity Roundup: Cocoa Futures Face 22% Monthly Drop as West Africa Supply Fears Ease
ETFs With the Most Bullish and Bearish Sentiment, According to Barclays
Investors Prefer Physical Assets Like Gold Over Digital in Uncertain Times - CyberMetals
Gold Prices Revised up at BMI, Lithium Expected to Remain Subdued Due to Oversupply
Silver's YTD Gain Beats Gold, Silver and S&P 500 Index but Investors Mostly Yawn
Shopify, Air Canada Help TSX Index Post Modest Gains
Canada's main stock index posted modest gains as shares of Shopify and Air Canada rallied.
Beyond Salares Norte: BMO Upgrades Gold Fields Despite Project Delays
BMO Capital Markets analyst Raj Ray upgraded Gold Fields Limited (NYSE:GFI) to Market Perform from Underperform and slightly increased the price target to $14.00 (from $13.50).The bullish stance refle
Gold Fields Upgraded at BMO on Valuation, Operational Consistency
Newmont Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/26/2024 20.66% B of A Securities $49 → $50 Maintains Buy 06/17/2024 20.66% UBS $40 → $50 Upgrades Neutr