TODAY'S TOP MARKET NEWS
Enjoy our daily selection of major news and articles that explain the market sentiment. We carefully
curate our articles to provide you with top news and independent angles for trading instruments.
Gold gains as dollar, yields slip; focus on U.S. inflation data
Gold prices rose on Monday following a pullback in the dollar and U.S. Treasury yields, while investor focus shifted to U.S. inflation data for clues on the Federal Reserve’s rate hike plan.
09 August 2022
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U.S. dollar jumps across the board after strong U.S. jobs report
The dollar rallied across the board on Friday after a stronger-than-expected U.S. July payrolls report suggested the Federal Reserve may need to continue raising interest rates for the near term.
08 August 2022
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Dollar dip, U.S.-China tensions push gold to a new 1-month peak
Gold prices climbed over 1% to hit a fresh one-month peak on Thursday underpinned by a retreat in the dollar and U.S. Treasury yields, and as investors kept a close tab on U.S.-China tensions.
05 August 2022
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Gold expected to be contained by interest rates and strong dollar
Gold will average $1,745 an ounce in 2023, slightly below current prices, as high interest rates and a strong dollar reduce its appeal, a Reuters poll showed on Wednesday.
04 August 2022
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Oil up 2% on supply worries ahead of OPEC+ meeting
Oil futures rose about 2% on Tuesday as traders worried that this week's meeting of OPEC+ producers may not lead to a further boost in crude supply.
03 August 2022
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Gold hits near one-month high on dollar weakness
Gold neared a one-month high on Monday on the back of a decline in the U.S. dollar, with investors awaiting economic data that could influence the path of Federal Reserve policy tightening.
02 August 2022
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