On the Wings of a Dove – Gold Hits New Record Highs
Gold surged to fresh all-time highs today as dovish comments from Federal Reserve Bank Chairman Jerome Powell on Friday led to more pressure on the US dollar.
FOMC Announcement
The much-anticipated Federal Funds Rate announcement from the FOMC is now only 30 minutes away and the market is poised to see where they are going to land after the last couple of weeks turmoil in the banking sector.
Markets Tumble After Stronger US Data
Stock markets took a hit once again in the New York session as another strong data print out of the US gave more credence to the ‘stronger for longer’ opinion on US rates that is permeating the market.
All Eyes on FOMC – What to expect?
The Fed is widely expected to increase interest rates by 25 […]
