XAUUSD XAU/USD
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XAU/USD News
The Federal Reserve accepted a total of 431,239 billion US dollars from 79 counterparties in fixed interest rate reverse repurchase operations.
The Federal Reserve accepted a total of 431,239 billion US dollars from 79 counterparties in fixed interest rate reverse repurchase operations.
Goldman Sachs: Postponing the Fed's first rate cut from July to September
Goldman Sachs remains unchanged in anticipation of cutting interest rates twice this year, and the second rate cut may be in December.
US durable goods orders increased 0.7% month-on-month in April, exceeding market expectations
Despite high interest rates and uncertain economic prospects, companies are investing heavily in production equipment.
The final value of the US Consumer Confidence Index in May was 69.1, the expected value was 67.5, and the previous value was 67.4. The final value of the US University of Michigan Current Status Index in May was 69.6, the expected value was 68.8, and the
The final value of the US Consumer Confidence Index in May was 69.1, the expected value was 67.5, and the previous value was 67.4. The final value of the US University of Michigan Current Status Index in May was 69.6, the expected value was 68.8, and the previous value was 68.8. The final value of the US University of Michigan Expected Index for May was 68.8, the expected value was 67, and the previous value was 66.5. The US inflation rate for the five to ten years in May is expected to be 3%, the forecast is 3.10%, and the previous value is 3.10%. The US inflation rate for the first year of May is expected to be 3.3%, the forecast is 3.40%, and the previous value is 3.50%.
The Atlanta Federal Reserve's GDPNow model predicts the US GDP growth rate of 3.5% in the second quarter, compared with the previous forecast of 3.6%.
The Atlanta Federal Reserve's GDPNow model predicts the US GDP growth rate of 3.5% in the second quarter, compared with the previous forecast of 3.6%.
Ignoring high borrowing costs, the surge in US commercial equipment orders indicates a boom in economic investment
Despite the uncertain economic outlook and high borrowing costs, the US business community continues to invest in the long term.
Economics Watch: Goldman Sachs Moves Forecast for Fed's First Rate Cut Back One Meeting to September
Goldman Sachs on Friday moved its forecast for the Federal Reserve's first rate cut back one meeting, from July to September.
How can the Federal Reserve reduce inflation? This major bank made a suggestion: cut interest rates!
Rick Rieder, BlackRock's chief investment officer for global fixed income and head of the global allocation team, said, “Currently, it is unclear to me whether higher (interest rates) will help reduce inflation or actually boost inflation.”
U.S. Durable Goods See Third Straight Months of Gain, a Potential Sign a Slump May Be Ending
Orders for durable goods rose 0.7% in April, marking the third straight monthly gain, the Commerce Department said Friday.
Goldman Sachs Pushes Back Timing for First Fed Rate Cut to September
Economists at Goldman Sachs on Friday pushed back their expectations for the first Federal Reserve interest rate cut of the cycle to September from July.
Gold continues to adjust, is the price of $2,340 a pie or a trap?
When it comes to investing, the four most dangerous words are “this time is different.”
India Gold Price Today: Gold Falls, According to MCX Data
Gold prices fell in India on Friday, according to data from India's Multi Commodity Exchange (MCX).
FXStreet Analyst: After the gold price confirms an important technical break, the market may still have room to plummet by nearly $30
#黄金技术分析 #24K99讯 traded early in the European market on Friday (May 24). Spot gold maintained an intraday rebound trend. The price of gold is currently around 2,338 US dollars/ounce.
Gold market analysis: US corporate activity resumed strong performance, and the downward pressure on gold prices continued to increase
Wang Gang of the Guangdong branch of the Bank of China said that US data shows that the US economy will once again achieve strong GDP growth in the second quarter. Not only did output rise as orders resumed growth, but business confidence also increased. The growth rate of business activity in the US accelerated sharply in May, reaching the fastest level in more than two years, indicating that economic performance improved in the middle of the second quarter. The manufacturing industry has been the main source of price increases over the past two months. Hopes that the Federal Reserve will cut interest rates during the summer or even during the year may be dashed, leading to increasing pressure on gold to pull back.
Forex Today: US Dollar Consolidates Weekly Gains Ahead of Mid-tier Data Releases
The US Dollar (USD) capitalized on the upbeat PMI data from the US on Thursday, and the USD Index closed the fourth consecutive day in positive territory. Durable Goods Orders data for April and the revision to the University of Michigan's Consumer Sentiment Survey for May will be featured in the US economic docket ahead of the weekend.
Waning Reflation Appetite?
The week hasn’t been pleasant for the market bulls. On Wednesday, the FOMC minutes showed the disturbing truth that ‘many’ Fed members wondered whether keeping the rates ‘high for longer’ was sufficiently restrictive to tame inflation, and if hiking the rates wouldn’t be a better idea.
Invesco: US inflation growth is slowing down in September or ushered in the first rate cut
The Zhitong Finance App learned that on May 21, Zhao Yaoting, a global market strategist at Invesco Asia Pacific (excluding Japan), published an article stating that the US consumer price index (CPI) for April was roughly in line with agreed expectations, and there was no unexpected increase. With inflation data exceeding expectations for several months in a row, this is certainly a relief. Both core and overall CPI continued to slow in April, dispelling concerns about a renewed acceleration in US inflation. Coupled with monthly retail sales figures that fell short of expectations, it was confirmed that the anti-inflation process was back on track and growth began to decline. Needless to say, the April inflation and growth data is what we have seen since the beginning of the year
Well-known institutions: Gold successfully achieved the second goal! Carefully breaking through this level reverses the bearish outlook
At the end of the Asian session on Friday, spot gold rebounded in the short term. The price of gold is currently around 2,337 US dollars/ounce. According to Economies.com, the price of gold has reached its second target price of 2340.10 US dollars/ounce. However, if it returns above this level, the bearish outlook for gold prices may reverse in the short term.
US business activity is accelerating at its fastest pace in two years, and expectations of the Federal Reserve's interest rate cut have been postponed until December
Asian stock markets followed Wall Street's decline on Friday (May 24). Yesterday's data on US economic activity showed that the Federal Reserve is likely to keep interest rates unchanged for most of this year.
[Direct hit to the Asian market] The big market reversal was all due to a single piece of data! The Federal Reserve cuts interest rates and may wait until December, when gold plummets by $100 on the 3rd
Asian stock markets followed Wall Street's decline on Friday (May 24). Yesterday's data on US economic activity showed that the Federal Reserve is likely to keep interest rates unchanged for most of this year.