What did Powell say? Short-term gold fluctuations have widened to $15, while the dollar and US stocks remain on the rise.

On Tuesday, July 9th, Federal Reserve Chairman Powell warned in his prepared testimony for a Senate hearing that too little or too late interest rate cuts could put the economy and labor market at risk.

FX168Jul 9 22:29

Powell plays the 'balance card', gold fluctuates by over $15 in the short term!

Powell's speech seems quite balanced, and traders expect the Fed to cut interest rates by 25 basis points twice in 2024.

Golden10 DataJul 9 22:20

Indivior Cuts 2024 Outlook, Joins BP And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Tuesday.Shares of Indivior PLC (NASDAQ:INDV) fell sharply in today's pre-market trading after the

BenzingaJul 9 20:15

[Live coverage of the Asian market] Did China's central bank's move equivalent to a rate hike? Today, we closely watch Powell's testimony, waiting with bated breath after the plunge in gold prices.

On Tuesday, July 9, most Asian stock markets rose, following another historic high of the S&P 500 index, while traders awaited Jerome Powell's testimony to Congress and the start of the US earnings season.

FX168Jul 9 11:23

Precious Metals Continue to Grow – TDS

Precious metals continued to perform well in a holiday-shortened week, TD Securities Senior Commodity Strategist Ryan McKay notes.

FXStreetJul 8 22:46

Silver Price Analysis: Silver Probably Rising in C Leg of Measured Move

Silver (XAG/USD) has decisively broken out of the descending channel it was in during the second half of May and June.

FXStreetJul 8 20:10