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Fed's Cook says cautious approach needed to policy easing | WKZO | Everything Kalamazoo

By Howard Schneider WASHINGTON (Reuters) - The U.S. central bank needs to proceed carefully as it decides when to begin cutting interest rates, Federal Reserve Governor Lisa Cook said on Monday, citing, as many of her colleagues have, the rough bal. ....

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Fed's Cook Seeks More Inflation Confidence Before Cutting Rates

Fed's Cook Seeks More Inflation Confidence Before Cutting Rates
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Moving markets: Will FTSE 100 ride the Nvidia 'FOMO' wave in AI trade today?

Asian markets rose, Wall Street on Nvidia's AI FOMO. Oil prices fell, and China's home prices dropped. Investors await Germany's GDP data. ....

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Crude oil fell slightly, domestic metals rose, Shanghai nickel rose more than 4%, lithium carbonate rose 2.72%, alumina rose 2.08% [SMM Afternoon Review]

Metals market: As of midday close, base metals in the domestic market rose almost across the board. Shanghai nickel rose 4.1%, and Shanghai aluminum rose slightly. Shanghai tin fell 1.17%. Shanghai copper, Shanghai zinc and Shanghai lead all rose within 0.3%. The main alumina futures rose 2.08%. The main industrial silicon contract rose 0.6%. The main lithium carbonate futures contract rose 2.72%. The black series is mostly red, and the iron ore rose 0.89%. Thread and hot coil rose slightly, and stainless steel rose 1.34%. In terms of double coke, coking coal fell 0.31% and coke fell 0.21%. In terms of external metals, as of 11:42, LME metals were mixed. London zinc and London nickel rose slightly, London aluminum rose 0.45%, London lead, London tin, and London copper all fell slightly, and the decline was within 0.3%. In terms of precious metals, as of 11:42, COMEX gold rose 0.19%, and COMEX silver fell 0.04%. In terms of domestic precious metals, as of noon close, Shanghai gold fell ....

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Key Events This Week: Nvidia Earnings And FOMC Minutes

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