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What does the Federal Reserve's "Skip" mean for the market?
Citi Research found that during the period when the Federal Reserve pauses interest rate cuts, the U.S. stock market usually performs well, but the sustainability of the rise depends on whether economic weakness leads to a restart of policy easing; U.S. Treasury rates usually rise at the pause or end of the cycle; for the dollar, if the interest rate cuts are only paused, the dollar performs laterally, if it is the last interest rate cut, the dollar will rise; after the pause, regardless of whether the easing cycle continues, Gold prices usually rise.
GLD ETF Climbs 1.0%
Express News | Gold Is Trading Higher Following November PCE Data
Gold Trades Higher Early After Six-Day Slump as Dollar Falls Off Two-Year High
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Friday as Investors Focus on Upcoming Inflation Report
Gold Edges Up, Trimming Some Recent Losses With US PCE Inflation on Focus
101540141 : because of hawkish outlook for next year, but it may rise a lil as banks are trying hard with their PR machine