Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Gold has another look above $2,700 as US yields slip
There have been a number of market reaction to the US CPI data and most of those seem to centre on the outlook that this report will not deter the Fed from lowering rates next week. Had the inflation print been a little higher, then that would have cast doubts on that prospect. So, US yields are a little lower and so is the dollar on balance. That has helped to lift BTC and push gold back above $2,700. It is still flirting with that level and yet to bust above the highs seen in Asia much earlier today. Gold is currently trading at $2,701.20
Market News
All News-
Gold takes another hit
Just as the US stock markets were about to reopen Gold was pushing a little higher and heading back towards $3,040. Well, that move did not last long... -
Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
