Gold Price Today: Gold prices are finding it difficult to gain strong momentum even after a small bounce from the $4,600 level. For the second day in a row, gold is trading under pressure as the market heads into the European session.
Interest Rates
ECB Holds Rates in February: Bullish Signals for MCX Gold & Silver? Technical Outlook
ECB Holds Rates in February: The European Central Bank (ECB) has decided to keep interest rates unchanged in its February policy meeting, sticking to a cautious approach as inflation cools but economic growth remains slow.
US Fed Holds Interest Rates, Defends Independence Amid Global Pressure
The US Federal Reserve (Fed) has decided to keep interest rates unchanged, sticking to its current policy stance. This move was widely expected by the market, but what caught global attention was the Fed’s strong defence of its independence.
Tense Fed Signals Interest Rate Hold, Leads Global Central Banks
(Bloomberg) — The Federal Reserve and three of the central banks that just backed its embattled chair are poised to keep interest rates unchanged at an edgy moment for global policymakers.
Stocks Gain Even as Yields Climb After BOJ Rate Hike | Global Markets Today
(Bloomberg) — US stocks are poised to close out a choppy week on a steady note as traders gear up for the year-end stretch that’s typically supportive of equities. Bond yields advanced following the Bank of Japan’s interest-rate hike.
When Central Banks Whisper Winter: What It Means for Markets and Economy
Central Banks News: November always brings that strange northern-hemisphere twilight where the sun clocks out early, and the central bank economic forecast chills begin to creep under the market’s door. Yes, it’s the season when the world’s central banks drag out their annual financial-stability reports — those long-winded compendia of theoretical perils and model-driven doomsday sketches. Most of these tomes read like a winter sermon nobody asked for, but buried inside the footnotes are always a few nuggets — flashes of genuine signal amid the bureaucratic noise.
Fed’s Kashkari Warns: US Inflation Still Too High at 3%, Rate Cuts Unlikely Soon
Federal Reserve Bank of Minneapolis President Neel Kashkari gave a speech at the Opportunity & Inclusive Growth Institute’s Research Conference hosted by the Federal Reserve (Fed) Bank of Minneapolis on Thursday, in which he talked about the labor market and inflation.