Could June Producer Inflation Data Dampen Market Enthusiasm For Rate-Cut Winners? 5 ETFs To Watch
The larger-than-expected drop in the June Consumer Price Index inflation rate has fueled market expectations for interest rate cuts by the Federal Reserve.Investors no longer seem to have doubts and
Newmont, Eastman Chemical Among Top Quant Picks in Materials as Earnings Loom
Tech Stocks Tumble As Small Caps, REITs, Gold Miners Rally; Soft June Inflation Ignites Rate Cut Expectations: What's Driving Markets Thursday?
A lower-than-expected inflation report for June caused wild market reactions, leading to a surge in traders' expectations of Federal Reserve rate cuts and boosting assets that are particularly
Express News | CNBC Halftime Report Final Trades: Pfizer, L3Harris Technologies, VanEck Gold Miners ETF, Invesco S&P 500 Equal Weight ETF
Gold Pops Above $2,400 as Tame Inflation Data Lifts Rate Cut Optimism
Gold Rises to a Seven-Week High as the Dollar and Yields Tumble After U.S. Inflation Slowed Last Month
Gold traded at a seven-week high early on Thursday, spiking back above the US$2,400 mark for the first time since May 22 after U.S. consumer prices rose less than expected last month, sending the
Commodity Roundup: ANZ Sees Lithium at 16k–18k/t by 2025; Gold Gains for Third Day
Tracking Hong Kong stock concepts | The Fed does not need to wait for inflation to fall below 2% before lowering interest rates. Gold prices will have further drivers in the future. (Attached concept stocks)
Continuing to stay ahead of the expected rate cut by the Federal Reserve, industry insiders say that the adjustment in gold prices may provide a good buying opportunity.
Gold Pushes Higher as Market Hopes Rise for U.S. Rate Cut
Newmont Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/10/2024 34.26% CIBC $46 → $61 Upgrades Neutral → Outperformer 06/26/2024 10.05% B of A Securities $49 →
Gold Price Resumes Uptrend, US CPI in Focus
Gold surges amid growing expectations of Fed rate cuts in September.
Red-hot Stocks Over the Past the Week Include TSLA, NVDA, AMD, and Others
Gold Moves Higher as the Dollar Drops After the Fed's Powell Offers Little Detail on Interest-Rate Cuts
Gold traded higher early on Wednesday as the dollar and yields weakened ahead of the second day of Federal Reserve Chair Jerome Powell's congressional testimony.Gold for August delivery was last
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:
Australia's H2 2024 Investment Landscape: How to Seize Market Opportunities?
From macroeconomics to sector analysis, guiding your investment strategy for the second half of the year.
Gold Price Inches Higher as Powell Signals Patience
Gold prices rise above $2,360 after Powell’s Senate testimony indicates a cautious approach to rate cuts.
Top 2 Materials Stocks You May Want To Dump This Month
As of July 9, 2024, two stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator,
Gains in Metals and Grains Drive Commodity Open Interest Value to a Six-week-high - JPM
Gold prices fell after investors took profit, ING said the gold rally will continue until the end of the year.
USA gold futures fell sharply on Monday as investors took profits. Last week, the price of gold rose sharply on expectations that the Federal Reserve might lower interest rates in September.
US stocks hit new highs, with Apple's market cap surpassing Microsoft's, Tesla rising for the ninth consecutive day, silver futures falling by 3% at one point, and French stocks opening high and falling low.
Waiting for this week's US CPI and PPI inflation and Powell's congressional hearing. The New York Fed survey found that Americans' inflation expectations have fallen for two consecutive months, and the market is still betting on two interest rate cuts later this year. The S&P and Nasdaq have hit new highs for at least four days in a row, and Apple's market cap has surpassed Microsoft to become the largest company. Nvidia's increase has been cut in half after a nearly 4% increase, and TSMC briefly rose more than 4.8% in market cap, breaking the $1 trillion barrier. AI concept stocks such as Arm and Oracle also hit new highs and Intel and Super Micro Computer rose more than 6%. The Chinese concept stock index fell 1%, Xpeng Motors fell more than 6%, and Niu Technologies rose 16%. The second round of the French parliament elections unexpectedly ended without any political party obtaining an absolute majority, and European stocks rose but fell in the final session. The euro and French bond yields also opened high