Posts Tagged ‘economy’
Gold and Oil News - September 11, 2023 18:59
Gold Prices Dance with CPI Data and the Fed
As we all know, gold often functions as an economic barometer, reacting to various indicators like inflation, interest rates, and geopolitical stability. As of late, traders are tuned into the latest Consumer Price Index (CPI) data for August, which is adding another layer of complexity to the already erratic movement of gold prices. Investors are […]
Forex Outlook for the Week Ending September 28th
Major economic events to affect the trading of forex markets and currencies trading for the week ending September 28th, 2012 are as follows: On Monday, September 24th, 2012, data on IFO business climate, expectations and current assessment was reported in Germany. United States came up with data on manufacturing activity while US Federal Reserve’s official […]
Dow Jones Makes Further Declines On Weak Payrolls Data
The Dow Jones Index made further declines at the end of this week closing on Friday near 100 points down at 12,151.26. The Non Farm Payrolls report showed the weakest growth in jobs since last September and a rise of 0.1% in unemployment since April. This triggered heavy selling early in the day across the […]
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