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News
Gold Price Forecast: XAU/USD Targets $4,500 Ahead of U.S. Inflation Data
8+ hour, 36+ min ago (541+ words) Gold holds near a two-month high as traders watch CPI, Fed expectations and $4,485 resistance for the next major XAU/USD move. Gold is holding near a two-month high after briefly climbing above $4,400, putting the $4,500 area back on traders’ radar. The…...
Social Security 2027 Estimates Point to 3.6%-3.8% COLA as Crucial Inflation Data Nears
2+ day, 48+ min ago (438+ words) Social Security 2027 estimates point to a 3.6%-3.8% COLA as inflation data shapes next year’s benefit payment outlook. Social Security 2027 estimates currently point to a larger cost-of-living adjustment than beneficiaries received this year, with leading forecasts ranging from 3.6% to 3.8%. The final figure…...
Gold Hits Seven-Week High After US Payrolls Drop 23,000 in July Jobs Report
4+ day, 2+ hour ago (631+ words) Gold price rises above $4,300 to a seven-week high after US payrolls fall by 23,000 in July, lowering Fed rate hike expectations. Gold climbed to a seven-week high on Friday after the United States reported an unexpected drop in July payrolls. Spot…...
Stock Market Today: DJI Holds Strong Gain as S&P 500 Fades From Record High
6+ day, 2+ hour ago (582+ words) Dow Jones gains while the S&P 500 fades from records as jobs data, earnings and Treasury yields shape trading. U.S. stocks diverged Wednesday as the Dow Jones Industrial Average maintained a strong advance while the S&P 500 surrendered most of its…...
Dow Jones Stock Market Suffers Worst Drop Since April 2025
1+ week, 5+ day ago (393+ words) Wall Street sold off after the Fed kept rates unchanged, pushing the Dow Jones stock market to its worst session in over a year. The Dow Jones stock market recorded its steepest decline in more than a year on Wednesday…...
Fed Rate Decision: JPMorgan Analyst Sees the Fed Holding Rates Steady Today
1+ week, 6+ day ago (597+ words) Fed decision today keeps markets cautious as JPMorgan expects a hold, while traders price surprise hike risk and Bitcoin trades near $64K. The Federal Reserve is expected to hold interest rates steady today, although markets are still pricing a notable chance…...
Gold Price Forecast: XAU/USD Holds $4,000 Before Fed
2+ week, 9+ hour ago (514+ words) Gold holds near $4,000 as Fed uncertainty, a firm dollar and high real yields shape the next XAU/USD move. Gold traded near $4,050 per ounce Tuesday, July 28, as a stronger U.S. dollar and elevated real yields kept pressure on bullion before the…...
Kospi Plunges More Than 9% as Chip Stocks Lead Asian Sell-Off
2+ week, 12+ hour ago (417+ words) South Korea’s Kospi suffered a historic sell-off as semiconductor stocks tumbled on fears that the AI investment boom may be losing momentum. South Korea’s Kospi index plunged by more than 9% on Tuesday as investors aggressively sold semiconductor shares due to…...
Fed Rate Hike: Expectations Pressure Crypto as Bitcoin Risks Breaking Below $64,000
2+ week, 1+ day ago (603+ words) Rising Fed rate hike expectations weigh on crypto as Bitcoin tests $64,000 and traders watch for a deeper breakdown. The yield on two-year US Treasury notes has risen to 4.31%, placing it well above the Federal Reserve’s target range and adding pressure…...
Mortgage Rates Today: U.S. 30-Year Fixed Rate Holds Near 6.75% Ahead of Fed Meeting
2+ week, 1+ day ago (601+ words) Mortgage rates today hold near 6.75% as Treasury yields climb and borrowers await the Federal Reserve’s next decision. Current U.S. mortgage rates remained high Monday, keeping borrowing costs near their highest level in almost a year. At the same time, rising…...