Silver fell beneath the $50-per-ounce threshold, pressured by a stronger US dollar and fading expectations of a Federal Reserve rate cut next month. Traders are now focused on a series of key US data releases following the end of the country’s longest-ever government shutdown, including Thursday’s September jobs report, for clearer insight into labor-market conditions….
US President Donald Trump said he is ready to lower import tariffs on Chinese goods linked to the fentanyl crisis in America, provided Beijing seriously curbs exports of chemicals used to make the drug. Trump made this statement on Air Force One while flying to South Korea, one day before meeting with Chinese President Xi…
The Shanghai Composite Index opened 0.4% higher at 2,871.55 in Shanghai. Kweichow Moutai Co. contributed the most to the index gain, increasing 0.7%. Hubei Mailyard Share Co. had the largest increase, rising 10.2%. In early trading, 1,926 of 2,212 shares rose, while 225 fell; 3 of 5 sectors were higher, led by industrial stocks. Source…
Dolar melemah pada hari Senin (10/7) setelah data pekerjaan AS yang meleset menurunkan harapan pasar tentang seberapa jauh Federal Reserve perlu meningkatkan suku bunga, sementara perhatian pada sesi perdagangan di Asia tertuju pada rilis data inflasi China. Data pada hari Jumat menunjukkan bahwa ekonomi AS menambahkan 209.000 pekerjaan bulan lalu, mencatat peningkatan terkecil dalam 2,5…
Sep 16 2024, 12:17 Silver price (XAG/USD) continues its winning streak that began on September 9, trading around $31.00 per Troy ounce during Monday’s Asian session. The non-yielding Silver extends its upside due to growing speculation that the US Federal Reserve will opt for a jumbo 50 basis points rate cut at its upcoming monetary…
Stocks tumbled Tuesday as technology names struggled and new economic data rekindled fears around the health of the economy. The Dow Jones Industrial Average fell 626.15 points, or 1.51%, to end at 40,936.93. The S&P 500 slid 2.12%, closing at 5,528.93. The Nasdaq Composite dropped 3.26% and settled at 17,136.30. Stocks felt downward pressure as…
