Tag: inflation

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Gold Hits Record Above $3,600 as Fed Rate Cut Nears

Weak U.S. jobs data fuels investor demand for bullion Gold prices soared to a new all-time high on Monday, surpassing the symbolic $3,600 mark as...

Retailers navigate tariffs with creative strategies

Tariffs raise costs, but price hikes stay limited Major retailers like Walmart, Home Depot, and Coach parent Tapestry have reported steady consumer demand, even as...

Gold Futures Climb Ahead of Fed Speech

Gold prices opened higher on Monday as investors awaited signals from the Federal Reserve. Futures gained 1.4% compared to Friday’s close, reflecting growing attention...

UK job market faces renewed strain

Employment declines amid economic headwinds Britain’s labour market is showing signs of strain, with new data revealing rising job losses, a drop in hiring, and...

RBA cuts rates and lowers 2025 growth forecast

Cash rate reduced to 3.6% amid softer economic outlook The Reserve Bank of Australia (RBA) lowered its benchmark lending rate by 25 basis points on...

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Yen Struggles as Fed and BOJ Diverge on Rate Outlook

BOJ holds rates steady, yen logs worst month since...

China Pledges to Resume U.S. Soybean Imports

Three-year commitment aims to restore lost trade ties China has...

Amazon stock surges after AWS reaccelerates to 20% growth

Third-quarter earnings and sales beat forecasts Amazon shares jumped over...

Dollar Rises as Fed Pushes Back on December Rate Cut

Powell tempers expectations, markets adjust accordingly The U.S. dollar climbed...

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