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US main manufacturing PMI awaited by US Dollar, stock market traders

The main Manufacturing Purchasing Managers’ Index (PMI) in the United States will be released by the Institute of Supply Management (ISM) in its Repor

United statesFederal reserveInstitute of supply managementInstitute for supply managementNew ordersPaid indexManager indexManufacturing purchasing manager indexSupply managementPrices paidManufacturing prices paidEmployment indexNew orders indexDomestic productPurchasing manager indexFed may

GBP/USD bulls reaching for a close above 1 2500

GBP/USD is flat in Tokyo following an impressive rally on Thursday in a continuation of the short squeeze. The bulls reached the prior resistance arou

Market committeeDomestic productFed mayFederal open market committeeMorgan stanley

Gold Wavers Ahead of Big Data Week, Fed and Jobs Report Eyed for Market Cues

Gold prices were subdued on Friday, but market moves were limited, with many traders sitting on the sidelines and avoiding taking large directional positions ahead of major events next week

Fed mayEmployment costs rise

Gold price plunges $30, but analysts focus on Fed pause after May rate hike

Gold price plunges $30, but analysts focus on Fed pause after May rate hike
kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.

Andrew hunterBart melekJune comexCarsten fritschFrank chollyFederal reserveKitco newsFed mayCapital economicsWeek ahead

Gold Outlook: Metal Below $2K as Dollar Advances

Gold has continued to weaken after reversing on Friday as the greenback found support on the back of comments from the Fed’s Christopher Waller. In addition to a stronger dollar, gold has also been held back by a sell-off in government bonds, causing bond yields to rise, which, in turn, has undermined zero-yielding assets like gold and bitcoin. While the metal may well extend its drop in the short-term, my longer-term gold outlook remains positive. I therefore envisage a rise to a new record high soon.

Fawad razaqzadaChristopher wallerFed mayEmpire state manufacturing index

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