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Gold Hits $2,013 and Sets a 6-Month High as the US Dollar Retreats
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Gold Hits $2,013 and Sets a 6-Month High as the US Dollar Retreats

Gold rose to a 6-month high on Monday after recent upbeat economic data weakened the US dollar.

November 27, 2023
Fed Minutes Due Today, Here’s What the Market Expects

Fed Minutes Due Today, Here’s What the Market Expects

New Fed minutes data is expected to include a "superficially hawkish rhetoric" that rate-hiking cycle may not be over. However, that's not what investors actually think.

November 21, 2023
Treasury Yields Drop as Jobless Claims Grow Faster than Expected

Treasury Yields Drop as Jobless Claims Grow Faster than Expected

Initial job claims rose faster-than-anticipated in the week ended Nov. 11, underscoring a slowdown in the US labor market. Treasury yields fell on the report.

November 16, 2023
Retail Sales Decreased in October But Lower than Expected

Retail Sales Decreased in October But Lower than Expected

Retail sales fell for the first time in eight months in October, although the drop was smaller than the expected 0.3%.

November 15, 2023
Dollar Index Plummets, Stocks Soar as Inflation Cools Faster Than Expected

Dollar Index Plummets, Stocks Soar as Inflation Cools Faster Than Expected

The US dollar index fell and stocks rose higher on Tuesday following a positive inflation report for October.

November 14, 2023