The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
June 28 - Wall Street futures were higher on Friday, on hopes that a closely watched measure of inflation would show moderation in price pressures and strengthen the case for interest rate cuts this year.
Even in the face of the Fed guiding for just one interest rate cut this year in December, market participants still expect two cuts starting September, hoping for a sustained downtrend in price pressures and as the economy remains susceptible to decades-high interest rate.Megacaps including Microsoft , Nvidia , and Amazon.com , opens new tab rose between 0.3% and 0.8% in premarket trading.
Both the S&P 500 and the Nasdaq indexes were set for gains in a week marked by a short-lived rout in AI-related stocks, Amazon.com hitting $2 trillion market value for the first time, quarterly earnings from the likes of FedEx , and Micron Technology , and a mixed bag of economic data.
Gold Silver Platinum Palladium PGM Platinum Group Metals Metals Precious Metals Mining News Crypto News Bitcoin News Ethereum News Mining News Interviews Economic Reports Forecasts Central Banks US Dollar Charts Tech Metals Rare Earth Metals Currency Global Economy International Policy Politics Bank Forecasts Market Nugget Mining Minutes Roundups
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bond yields jump and stocks wilt as rate cut doubts resurfaceThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Fed should be independent, not untouchableThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Bitcoin May 29 daily chart alert - Price pausing so far this weekThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Gold market analysis for May 29 - key intra-day price entry levels for active tradersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Price pressure on gold as traders assess hawkish ‘Fedspeak’The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Gold pressured by bearish outside markets, hawkish ‘Fedspeak’The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »