Gold Moves in Negative Zone After US Yields Rise

Gold Moves in Negative Zone, prices dipped in European trade on Wednesday, moving into a negative zone as they fell below $2400 per ounce. This decline coincides with a rebound in US 10-year treasury yields, which have been exerting pressure on non-yielding assets like gold. As markets anticipate more information on the potential size of…

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Kiwi is Best, affectionately known as the “kiwi,” has rallied significantly in Asian trade, outperforming all other G8 currencies. This surge comes on the heels of robust employment data for the second quarter, reflecting tight labor market conditions that could prompt policymakers to maintain high interest rates for an extended period. Employment Data Boosts the…

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Wall Street Rebound indices have risen on Tuesday as the market attempts to bounce back from the significant losses sustained the previous day. The selloff was triggered by disappointing US jobs data, which raised concerns about a potential recession. Let’s dive into the details of this market rebound and understand the factors at play. Recent…

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Dollar Firms Up has made a noticeable comeback, rising in European trade on Tuesday for the first time in three days. This recovery comes as global stock indices rebound and the unwinding of yen carry trades slows down. Let’s take a closer look at what’s driving these changes and what it means for investors. Recent…

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