U.S. stocks advanced on Friday and gold continued to hit record highs as investors looked to whether the Federal Reserve might move more aggressively to cut rates at its policy meeting next week. Futures tied to the Fed’s policy rate now reflect about a 47% chance the Fed will cut its policy rate by half…
READ MOREGold’s 16% year-to-date returns have surpassed those of S&P BSE Sensex while the yellow metal is catching up with the broader Nifty50. In 2024, so far, Sensex has gained 15% while the 50-stock Nifty has risen 17%. Gold has been on a rally this week gaining 2%. The movement has been more notable since Thursday…
READ MOREAsian stocks rose on Tuesday, led by Japanese shares on the back of a steady yen, with traders awaiting data including the U.S. inflation report to gauge the Federal Reserve’s policy outlook after volatile moves last week. Oil prices eased in early trading after a 3% jump in the previous session as investors kept an…
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