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2024
December
2
📰 ELTON JOHN SAYS HE HAS LOST HIS EYESIGHT
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📰 ELTON JOHN SAYS HE HAS LOST HIS EYESIGHT
December 2, 2024
Frank
ELTON JOHN SAYS HE HAS LOST HIS EYESIGHT
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📰 GOLD FUTURES FALL AS DOLLAR GAINS ON WANING RATE CUT HOPES Gold futures slip back on rising U.S. Treasury yields and a strengthening dollar. Futures are down 0.7% at $2,662.50 a troy ounce. The market is increasingly focused on the chances of the Federal Reserve maintaining higher interest rates for longer, says ActivTrades’ Ricardo Evangelista. This dynamic is supporting the dollar and yields while weighing on the appeal of the non-yielding precious metal, Evangelista says in a note. The prospect of the incoming Trump administration triggering a trade war that could reignite inflation, alongside the robustness of the U.S. economy, is fuelling beliefs that the central bank will slow the pace of rate cuts, Evangelista writes. Upcoming U.S. economic data could add insight into the Fed’s likely trajectory. Strong economic and labor market data would likely bolster expectations of fewer rates cuts, he adds.
📰 $INTC – INTEL ANNOUNCES RETIREMENT OF CEO PAT GELSINGER
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