Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold Prices React to Global PMIs and Rate Worries, US Shares Up Despite Uncertainty ...
Gold Prices React to Global PMIs and Rate Worries, US Shares Up Despite Uncertainty
===============
#50bb159c ver:1.14
Gold prices drop as strong PMI data dampens hopes of rate cuts, leading to bearish reversal in gold and Wall Street. Traders await retracement before reentering market. Market sentiment negatively impacted by decline in rate-cut hopes and potential for firmer growth and inflation. Despite uncertainty over inflation and interest rates, US shares remain flat, helped by strong results from Nvidia and lower-than-expected inflation expectations. Eurozone, Japanese, Chinese, and Australian shares all fall. Bond yields reverse decline, oil and metal prices fall, but iron ore price rises. $Gold #PMI #RateCuts #WallStreet #Inflation #Shares...
#newstr #Gold #Pmi #FederalReserve #RateCuts #UsShares
https://here.news/story/50bb159c?ver=1.14
===============
#50bb159c ver:1.14
Gold prices drop as strong PMI data dampens hopes of rate cuts, leading to bearish reversal in gold and Wall Street. Traders await retracement before reentering market. Market sentiment negatively impacted by decline in rate-cut hopes and potential for firmer growth and inflation. Despite uncertainty over inflation and interest rates, US shares remain flat, helped by strong results from Nvidia and lower-than-expected inflation expectations. Eurozone, Japanese, Chinese, and Australian shares all fall. Bond yields reverse decline, oil and metal prices fall, but iron ore price rises. $Gold #PMI #RateCuts #WallStreet #Inflation #Shares...
#newstr #Gold #Pmi #FederalReserve #RateCuts #UsShares
https://here.news/story/50bb159c?ver=1.14