TREX Global:Market expectations for aggressive Fed rate hikes rise, investors need to beware of "history repeating"
TREX Global:Market expectations for aggressive Fed rate hikes rise, investors need to beware of "history repeating" [U.S. non-farm productivity fell at an annual rate of 4.6% in the second quarter, the largest decline since 1948]Read full story
TREX Global:The market expects employment growth to slow down, and gold prices can't stop rising?
[U.S. initial jobless claims increased last week, rising to the highest level since late January]. The latest report from the U.S. Department of Labor on Thursday (August 4) showed that both the number of initial and continuing applications showed a significant upward trend, indicating some softening in the labor market.Read full story
Spot Gold Trading
[U.S. initial jobless claims hit eight-month high last week]. The U.S. reported its highest number of jobless claims in eight months last week, signaling a cooling in the labor market amid rising interest rates and tightening financial conditions.Read full story
The gold price is in a hurry to reach the 1700 mark?
[U.S. consumer prices in June have the largest year-on-year increase in more than 40 years]. U. S. consumer prices jumped 9.1 percent in June from a year earlier, the biggest increase in more than 40 years, leaving Americans paying more for gasoline, food, healthcare and rent , and the Federal Reserve almost certain to raise interest rates by at least another 75 basis points at the end of July.Read full story
The US dollar hits a new high, and the gold price hits a new low in nearly nine months, aiming at 1700?
[Atlanta Fed President Bostic: I believe the U.S. economy can withstand another massive rate hike]. Atlanta Fed President Bostic said the U.S. economy can withstand higher interest rates and reiterated his support for another sharp rate hike later this month.Read full story