Despite a weak Dollar, gold prices inch higher with US economic data in focus
Gold looks quite comfortable around $2,400 for now, so there is the chance of a minor bounce heading into GDP...
Tag : Federal Reserve
What if Fed loses its autonomy?
According to economists, a President making policy decisions for the Federal Reserve would most likely result in higher inflation...
Charting Bidenomics’ future in an election year
The White House maintained that Bidenomics helping the US economy to add over 13 million jobs by June 2023...
Is global financial system failure-proof?
Smaller emerging economies with significant debt and declining repayment capacity have the most unstable banks...
Gold attracts investors as US debt ceiling stalemate continues
Spot gold was up 0.1% at USD 1,978.06 per ounce, while US gold futures were down 0.1% at USD 1,979.40...
Dictating markets: Understanding Fed’s policy instruments
The Fed and other central banks worldwide employ short-term interest rate manipulation as their primary instrument...
Silicon Valley Bank collapse: Ghost of 2008 crisis haunts US economy again
Silicon Valley Bank had assets valued at USD 212 billion and these were primarily lent to tech start-ups...
Elon Musk: The first man to lose USD 200 billion
by WebAdmin
Tesla's stock dropped by 65% in 2022, and Elon Musk sold some of his holdings to pay for his purchase of Twitter...