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Dow Jones, the S&P 500, and Nasdaq ended higher on Friday as soft U S data alleviated concerns about rising inflation

US Retail Sales showed no growth in April For the week, the Dow Jones weakened -1.14%, the S&P 500 -1.39%, and the Nasdaq -2.34% Wall Street’s three main indexes ended higher on Friday as dismal U.S. data cooled tightening expectations and put the U.S. dollar under selling pressure. U.S. Retail Sales showed no growth in April, while the preliminary estimate of the Michigan Consumer Sentiment Index resulted in 82.8 in May (88.3 was in April). The report boosted demand for high-yielding assets and confirmed the U.S. Federal Reserve’s stance of maintaining an ultra-loose monetary policy for the upcoming period. Despite this, the Dow Jones, the S&P 500, and the Nasdaq weakened on a weekly basis as investors have started to behave nervously amid concerns about the rising inflation.

United statesChuck carlsonJanet yellenDow jonesWall streetMichigan consumer sentiment indexSecretary janet yellenDow jones industrial averageNasdaq compositeஒன்றுபட்டது மாநிலங்களில்சக் கார்ல்சன்டோ ஜோன்ஸ்சுவர் தெருமிச்சிகன் நுகர்வோர் உணர்வு குறியீட்டுடோ ஜோன்ஸ் தொழில்துறை சராசரிநாஸ்டாக் கலப்பு

Gold Price Analysis: XAU/USD consolidates near multi-month tops, above $1,850 level

Risk-on mood favors gold buyers amid downbeat US dollar, Treasury yields. Sluggish US data cools down inflation concerns, helps Fed to defend easy money

New zealandUnited statesJoe bidenZealand banking groupWeekly forecastUnited nationsMichigan consumer sentiment indexNew zealand banking groupபுதியது ஜீலாந்துஒன்றுபட்டது மாநிலங்களில்ஓஹோ பிடென்ஜீலாந்து வங்கி குழுவாராந்திர முன்னறிவிப்புஒன்றுபட்டது நாடுகள்மிச்சிகன் நுகர்வோர் உணர்வு குறியீட்டுபுதியது ஜீலாந்து வங்கி குழு

Gold Price Analysis: XAU/USD extends rally to multi-month highs after technical breakout

May 17, 2021 18:36 GMTFXStreet News Risk-on mood favors gold buyers amid downbeat US dollar, Treasury yields. Sluggish US data cools down inflation concerns, helps Fed to defend easy money policies. Geopolitical, covid headlines can offer intermediate moves but nothing major to keep a tab on. Gold Weekly Forecast: XAU/USD bulls eye $1,850 after regaining control. Gold Forecast: XAU/USD eyes additional upside towards $1880. Gold is surging again, but can prices push above 1900? [Video]. How to Invest in Gold: Six Options to Consider. Update May 17: After rising nearly 1% and closing the week on a firm footing on Friday, the XAU/USD pair preserved its bullish momentum on Monday and extended its rally after breaking above the critical 200-day SMA at $1,850. At the moment, the pair is rising 1.3% on a daily basis and trading at its strongest level since early February at $1,866. In the absence of significant fundamental drivers, the technical breakout seems to have fueled another

New zealandUnited kingdomUnited statesFxstreet dhwani mehtaJoe bidenZealand banking groupWeekly forecastSix optionsPrice forecastIron oreWhile silverMichigan consumer sentiment indexUnited nationsNew zealand banking groupRetail salesApril meeting minutes

Gold Price Analysis: XAU/USD surrenders early gains to multi-month tops, downside seems limited

Gold Price Analysis: XAU/USD surrenders early gains to multi-month tops, downside seems limited
forexcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forexcrunch.com Daily Mail and Mail on Sunday newspapers.

New zealandUnited kingdomUnited statesFxstreet dhwani mehtaJoe bidenZealand banking groupWeekly forecastSix optionsPrice forecastIron oreWhile silverUnited nationsMichigan consumer sentiment indexNew zealand banking groupRetail salesApril meeting minutes

Gold Price Forecast: Gold price consolidates near multi-month tops, above $1,850 level

Gold Price Forecast: Gold price consolidates near multi-month tops, above $1,850 level
forexcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forexcrunch.com Daily Mail and Mail on Sunday newspapers.