Pressure on Gold Remains Negative
Gold prices rose at the beginning of this week's trading, as both the US dollar and Treasury bond yields declined because of weaker economic readings, which cast doubts about whether the Federal Reserve might adhere to its strict political expectations.
Supporting safe-haven gold, the spread between the two-year and 10-year US Treasury yields reached its widest range since 1981, reflecting fears that the Fed's extended tightening cycle will push the US economy into recession. Meanwhile, futures markets have reflected on the interest rate cuts at the Federal Reserve's recent September meeting in May, and now expect the first cuts to come in January.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
How many GOP governors did Trump pressure after his 2020 defeat?The public knows all about Donald Trump's infamous post-election call to Georgia Secretary of State Brad Raffensperger. As stevebenen writes, there's new reason to believe Arizona's Doug Ducey received a similar call.
Weiterlesen »
Ask Amy: Reader remains in a COVID lockdown... when I think about going out my stomach tightens, and I feel like I want to cry.
Weiterlesen »
Beyond Georgia, New Report Shows Trump Also Tried to Pressure Arizona Officials to Overturn 2020Former President Donald Trump pressured former Arizona Gov. Doug Ducey to overturn the results of the 2020 presidential election in the state, weeks after he lost to President Joe Biden.
Weiterlesen »
Human remains discovered by utility crews working on pipeline in Pa.: reportsIt's possible the site is part of a Native American burial ground.
Weiterlesen »