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Powell bets on interest rate cuts to stabilize employment, and the August non-farm data becomes the "first touchstone" ! At the Jackson Hole, Wyoming, global central bank symposium last Friday, Federal Reserve Chairman Powell signaled a rare September interest rate cut,...
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The dollar's decline boosted gold prices, with inflation data and the US-Russia meeting in focus this week. In the early Asian trading on Monday (August 11), spot gold is still hovering around the 3400 mark and is currently trading at 3395.05.Spot gold price...
Inflation data boosts Fed rate cut bets Can the US-Russia summit bring about a key turning point? On Wednesday (August 13, Beijing time), spot gold was trading around $3,350 an ounce. Gold prices rose slightly on Tuesday. After U.S. inflation data...
