Silver price retreats from day’s high amid no signs of retaliation from Iran after limited airstrike from Israel.
Fed’s hawkish guidance fails to prompt US...
Australian Dollar gains ground amid escalated geopolitical tensions in the Middle East.
Australian currency could face challenges following the lower ASX 200 Index.
US Dollar receives...
By Friday, investors were still absorbing the US CPI report.
Investors believe the Fed will implement the first rate cut in September.
Next week, Australia will...
Headline US inflation rose 0.4% monthly and 3.5% on an annual basis.
Investors now expect the first Fed cut in September.
Governor Tiff Macklem said that...
Gold price enters a bullish consolidation phase near an all-time peak touched on Monday.
Reduced Fed rate cut bets cap gains for the non-yielding metal...
US manufacturing activity improved while services activity declined.
The US jobs report showed a bigger-than-expected increase in employment in March.
Traders scaled back expectations for the...
US unemployment claims rose more than expected last week.
Data revealed a slowdown in the US services sector.
Oil prices rose on Thursday amid supply concerns.
The...