Share: S&P 500 closed up 0.14% at 4,457.49 on Friday but lost 1.13% for the week, reflecting investor caution amid global economic uncertainties. US economic data shows resilience with solid service sector activity and tight labor market, contrasting with gloomy outlooks in China and Europe. US Treasury bond yields advance to 4.268% on
© Reuters. FILE PHOTO: A woman holds euro banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) – The euro rose against the dollar on Friday and euro zone bonds yields fell after data showed a big increase in the U.S. unemployment rate in August, supporting the view that Federal Reserve might
© Reuters. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File Photo By Karen Brettell NEW YORK (Reuters) – The dollar gained against the euro and Japanese yen on Friday after the August jobs report showed a still strong labor market, despite some
Share: AUD/USD trades higher around 0.6440 on the back of improved Australia’s Retail Sales. 10-year US bond yield declined to 4.18%; Greenback experiences losses. The stability of China’s economy could underpin the Aussie pair. AUD/USD continues its winning streak for the second consecutive day, trading around 0.6440 during the Asian session on Tuesday. The US
GOLD OUTLOOK & ANALYSIS Rather hawkish Powell unable to deter gold bulls. Incoming data this focus this week. XAU/USD snakes in and around 200-day MA. Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROP Gold prices have managed to remain elevated this Monday morning as the US dollar trades marginally lower. While