© Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/file photo By Joice Alves and Tom Westbrook LONDON/SINGAPORE (Reuters) – The dollar edged up on Thursday as investors were cautious after softer-than expected economic data muddied interest rate outlook ahead of the Federal Reserve’s Jackson Hole symposium, while the
Let’s start with NVIDIA that after the close reported results of a stellar Q2 and topped analyst estimates both on Revenues ($13.51 billion vs $11.22 billion expected) and EPS ($2.70 vs $2.09). The company raised its forecast again and expects its Q3 revenues to climb to $16 billion, an increase of 170% y/y. Gains are
The Fed’s annual Jackson Hole Symposium begins with a dinner on Thursday, 24 August 2023. The full agenda will be made available at 6 PM US Mountain Time, which is 8 PMEastern time. This year’s topic is ““Structural Shifts in the Global Economy”. More on this: This year’s theme will explore several significant, and potentially
Gold (XAU/USD) Analysis Gold’s longer-term downtrend remains intact despite recent reprieve Real interest rates rise above 2%, denting gold’s appeal Gold’s bullish lift appears unconvincing – Jackson Hole up next The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended
Share: Gold price prepares to extend upside ahead of US PMI data. Fed’s Barkin hopes that the US recession will be “less severe”. Strength in Gold prices has come from restrictive upside in US Treasury yields. Gold price (XAU/USD) strengthens this week as the rally in US Treasury yields halts amid fading hopes
© Reuters. Investing.com — Most Asian currencies rose slightly on Wednesday tracking some signs of economic resilience in the region, while the dollar steadied near two-month highs ahead of more cues on monetary policy from the Jackson Hole Symposium this week. The and rose 0.1% and 0.3%, respectively, after (PMI) readings showed some resilience in
Investing.com – The U.S. dollar retreated in early European trade Tuesday as risk sentiment received a boost from strong tech-led gains on Wall Street, but trading ranges remained tight ahead of the Federal Reserve’s Jackson Hole symposium at the end of the week. At 03:20 ET (07:20 GMT), the , which tracks the greenback against