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[Yahoo/Bloomberg] Crucial September jobs report kicks off a new month: What to know this week [Yahoo/Bloomberg] US Jobs Data Will Help the Fed Gauge the Extent of Its Moderation [AP] Strikes start at top hotel chains as housekeepers seek higher wages and daily room cleaning work [Axios] Why Americans stopped moving [Reuters] China new home […]
[Yahoo Finance] A slew of retail names this week offered repeat warnings about ‘cash-strapped’ US consumers [Reuters] Bird flu infects California dairy cows, widening US outbreak [CNN] Brazil begins to block X as Elon Musk’s feud with judge deepens [Reuters] Russia says five killed, 46 injured in Ukraine strike on Belgorod [Yahoo/Bloomberg] China Factory Activity […]
Q2 2024: Just the Start For the precious metals sector, Q2 2024 was one for the record books. According to the World Gold Council, gold demand was at record levels. Second quarter total gold demand including OTC investment increased 4% Y/Y to 1,258 tons. That marks a record for second quarter gold demand in World […]
Money Market Fund Assets (MMFA) rose another $21 billion the past week to a record $6.263 TN, with a notable four-week gain of $128 billion. MMFA expanded $680 billion, or 12.2%, over the past year, with two-year growth of $1.695 TN, or 37%, and a five-year expansion of $2.899 TN, or 86%. One would think […]
The precious metals market is relatively unchanged over the past week. Let’s take a look at our weekly recap of the precious metals markets for August 28. As of this recording, here is where precious metals stand: The price of gold is flat at around $2,508, after rising and falling about $30 intra-week. The price […]
[Yahoo/Bloomberg] Stocks Gain as Rate-Cut View Mounts: Markets Wrap [Yahoo/Bloomberg] Oil Holds Gain on Positive US Economic Data, Libya Disruptions [Reuters] Morning Bid: Data deluge closes out rollercoaster month [Yahoo Finance] Fed’s preferred inflation gauge shows prices increased in line with Wall Street’s expectations in July [Yahoo/Bloomberg] Tokyo Inflation Tops Expectations, Supporting Case for BOJ […]
[Yahoo/Bloomberg] Stocks Rebound on Nvidia’s ‘Pretty Good’ Results: Markets Wrap [Yahoo/Bloomberg] Nvidia Tumbles After Disappointing Forecast, Blackwell Snags [Reuters] Bond markets face a reckoning after stellar summer run [Reuters] US weekly jobless claims fall slightly [AP] US economic growth for last quarter is revised up to a solid 3% annual rate [Yahoo/Bloomberg] Most-Hated Credit Trade […]
[Yahoo/Bloomberg] Global Stocks on Edge as Nvidia Countdown Underway: Markets Wrap [Yahoo/Bloomberg] Oil Steadies After Technical Drop as US Stockpiles Seen Falling [Yahoo Finance] Why gold is outperforming nearly everything so far this year [CNBC] Weekly mortgage demand stalls, even though rates drop to lowest since April 2023 [Reuters] US 30-year mortgage rate falls to […]
