US EditionCentral Bankers Flock to Jackson Hole at Pivotal Moment
9 Articles
9 Articles
The world's main monetary policy conference begins on Thursday, 21
Gold Records Weekly Loss Ahead of Jackson Hole and U.S. Rate Decision
Gold prices in the local market posted a slight decline on Saturday, coinciding with the weekend closure of global exchanges, after spot gold ended Friday with a sharp weekly drop of about 1.8%. Investors are now awaiting the Jackson Hole symposium and the anticipated U.S. interest rate cut.
The price of gold on the domestic market declined slightly during Saturday's dealings, in conjunction with the World Exchange's weekly holiday, after the ounce ended Friday's trades on a weekly sharp decline of about 1.8%, amid investors' expectation of Jackson Hall's meeting and expectations of lowering American interest rates. Said Embabi, gold market expert, said that local gold prices had fallen by about...
Treasuries End Turbulent Week Lower as Traders Eye Jackson Hole
Source: Live Mint (Bloomberg) — Treasuries fell to wrap up a volatile week as mixed economic data kept investors on edge ahead of a key speech from Jerome Powell that may offer clues on the Federal Reserve’s next steps. The selloff lifted 10-year yields to 4.32% on Friday, slightly above last week’s levels. The dollar slipped and traders held to bets on a September rate cut while shifting focus to the Fed symposium in Jackson Hole, Wyoming, w…
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