U.S. stocks closed with the expectation of interest rate cuts boosted by non-farm payrolls, with the S&P and Nasdaq hitting new highs! Tesla rose nearly 38% in eight days, while Nvidia cooled off.
In June, non-farm payroll employment in the USA fell sharply, with significant downward revisions to previous data, and the unexpected rise in unemployment rate highlighted a cooling labor market, leading the market to bet over 70% on rate cuts in September and December.
Express News | Newmont Corp up 2.2%, Barrick Gold up 1.7%, Anglogold Ashanti up 9.7%
Express News | Shares of Gold Miners Rise as Bullion Rises to One-Month High
Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Following US Jobs Data.
Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Following US Jobs Data.
Unexpected June non-farm data in USA! The gold market is undergoing a "heaven-and-earth needle" phenomenon.
Did the unexpected increase in the unemployment rate in the United States in June stabilize the Fed's interest rate cut in September?
The Federal Reserve's dovish tone is rising! During the interest rate cut cycle, which assets are worth paying attention to?
Based on the June dot plot, the Federal Reserve is expected to cut interest rates only once. Nevertheless, 7 Wall Street banks expect the Fed to cut interest rates twice this year, a total of 50bps. Looking at the time of the first rate cut, more than half of institutions anticipate it will happen in September.
Express News | Analyst: Non-farm data below expectations could push gold price to break through the 2400 level.
Will Non-farm Payrolls Become the Judge of Life and Death? The Gold and Silver Trends Have Reached a Critical Juncture!
Analysts expect that the upward trend is more likely for gold and silver, but they would prefer to see a significant pullback after the non-farm payroll report. Why?
Facing Non-Farm Payrolls: the first heavy data of trade in the second half of the year!
Why does the Non-Farm Payroll data tonight once again affect the nerves of global financial markets and traders?
Gold Pushes Higher as Investors Expect Fed Will Start to Ease
Gold headed for a back-to-back weekly gain on expectations that the Federal Reserve will trim interest rates before year-end, with traders looking ahead to US payrolls data for the next batch of clues on the outlook.
Bullish market consensus! Could non-farm night gold price break $2400?
If inflation and employment data both soften, it will trigger a bigger debate about whether the data is rebalancing or beginning to deteriorate.
Continued expectations for interest rate cuts are fueling multiple bullish factors for gold prices! How to earn "steady happiness" through etf?
Under the dovish remarks of Fed Chairman Powell and a series of bullish economic data, yesterday's gold futures price rose back to $2360, while analysts pointed out that the 'Trump trade' would drive global investors to turn to gold. And in Citigroup's view, next year's gold price is expected to break through the $3000 mark.
Insider Sale: President & CEO Thomas Palmer Sells Shares of Newmont Corp (NEM)
Hong Kong stocks fluctuate | Golden industrial concept collectively strengthens, weak economic data boosts expectations of interest rate cuts, and gold prices hit a new two-week high.
Golden industrial concept strengthened in early trading. As of press time, Lingbao Gold (03330) rose 4.56% to HKD3.21; Zhaojin Mining (01818) rose 4.4% to HKD14.24; SD Gold (01787) rose 3.76% to HKD16.56.
Newmont(NEM.US) Officer Sells US$547.69K in Common Stock
$Newmont(NEM.US)$ Officer Palmer Thomas Ronald sold 13,000 shares of common stock on Jul 1, 2024 at an average price of $42.13 for a total value of $547.69K.Source: Announcement What is statement of c
Express News | Economists predict that the price of gold will break through the $2400 mark in the near future.
Express News | Labor market cools down, and it's a critical moment for gold traders.
Newmont Announces Second Quarter 2024 Earnings Conference Call
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM)) will release its second quarter 2024 operations and financial results after market close on Wednesday, July 24, 2024, and will hold a conference call to
Gold outlook for the second half of 2024! World Gold Council: closely focusing on the trends of 4 key catalysts...
According to the World Gold Council, gold will seek new power technology in the second half of 2024, with the decline of interest rates in developed markets as a key catalyst.
"Trump 2.0" fears are approaching! Will gold be a direct beneficiary?
Historical data has shown that if Trump returns to the White House, global investors may turn to gold...