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Gold Prices Dip Amid Rate Hike Uncertainty, Copper Retreats

Gold Prices Dip Amid Rate Hike Uncertainty, Copper Retreats

by GalaxyNews | Jun 5, 2023 | Uncategorized

Gold prices fell slightly on Monday amid uncertainty over whether the Federal Reserve will hold interest rates steady later this month, while concerns over weakening economic growth pulled copper prices down. The yellow metal fell on Friday after U.S. nonfarm payrolls...
Germany Leads Big Bond Rally As Inflation Finally Heads Down

Germany Leads Big Bond Rally As Inflation Finally Heads Down

by GalaxyNews | Jun 2, 2023 | Uncategorized

Germany is leading the biggest rally in global bond markets since March’s banking rout as cooling inflation and a weakening economy suggest European Central Bank rate hikes are nearing an end. Borrowing costs, or bond yields, in the benchmark euro area issuer are down...
Asian Stocks Cautiously Higher As Debt Ceiling Bill Moves Forward

Asian Stocks Cautiously Higher As Debt Ceiling Bill Moves Forward

by GalaxyNews | Jun 1, 2023 | Uncategorized

Most Asian stocks edged higher on Thursday, encouraged by progress towards averting a U.S. debt default, while signs of life in China’s manufacturing sector also helped fish local stocks from six-month lows. The U.S. House of Representatives voted in favor of a bill...
Gold Edges Lower, Copper Slides On Disappointing Chinese Data

Gold Edges Lower, Copper Slides On Disappointing Chinese Data

by GalaxyNews | May 31, 2023 | Uncategorized

Gold prices crept lower on Wednesday as markets awaited more cues on the raising of the U.S. debt ceiling, while copper prices slid after data offered more signals of a slowing economic rebound in China. Copper futures sank 0.7% to $3.6338 a pound, and were set to...
Asian Stocks Dip, Chinese Shares Hit 5-Mth Low As U.S. Ties Worsen

Asian Stocks Dip, Chinese Shares Hit 5-Mth Low As U.S. Ties Worsen

by GalaxyNews | May 30, 2023 | Uncategorized

Most Asian stocks retreated on Tuesday as optimism over a deal to raise the U.S. debt ceiling was offset by fears of worsening ties between Beijing and Washington, amid renewed sparring between the two over trade and political sanctions. Chinese stocks were the worst...
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Recent Posts

  • Gold Prices Dip Amid Rate Hike Uncertainty, Copper Retreats
  • Germany Leads Big Bond Rally As Inflation Finally Heads Down
  • Asian Stocks Cautiously Higher As Debt Ceiling Bill Moves Forward
  • Gold Edges Lower, Copper Slides On Disappointing Chinese Data
  • Asian Stocks Dip, Chinese Shares Hit 5-Mth Low As U.S. Ties Worsen

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