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Gold Breaks $2,600 as US Bolsters Middle East Forces Amid Rising Tensions
/ International, Market Analysis

Gold Breaks $2,600 as US Bolsters Middle East Forces Amid Rising Tensions

Gold prices soared to record highs near $2,620 per ounce on September 23, 2024, driven by Fed rate cuts and Middle East tensions.

September 23, 2024
Powell Signals End of Rate Hikes, Wall Street Surges

Powell Signals End of Rate Hikes, Wall Street Surges

Federal Reserve Chair Jerome Powell signaled a major shift towards cutting interest rates during his speech at the Jackson Hole Economic Symposium.

August 23, 2024
PCE Inflation Unchanged at 2.7% in April, SPX and DJIA Gain

PCE Inflation Unchanged at 2.7% in April, SPX and DJIA Gain

US PCE inflation remained unchanged at 2.7% anually in April, increasing 0.3% on a monthly basis.

May 31, 2024
US Indices Slide as Latest GDP Data Paints a Worrying Picture

US Indices Slide as Latest GDP Data Paints a Worrying Picture

US GDP growth slows to 1.6%, missing expectations. Major stock indices tumble in response.

April 25, 2024
Market Reacts Positively as US PCE Inflation Hits Forecast Numbers

Market Reacts Positively as US PCE Inflation Hits Forecast Numbers

In January, the personal consumption expenditures (PCE) price index, a critical measure of inflation monitored by the Federal Reserve, aligned with analysts' projections.

February 29, 2024

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