Gold's rally capped by Fed tightening and Iran tensions; CPI data eyed
Gold upside is capped by Fed rate hike risks and the US-Iran conflict; traders await US CPI for direction.
Gold upside is capped by Fed rate hike risks and the US-Iran conflict; traders await US CPI for direction.
Nasdaq is rangebound amid Fed tightening risks and US-Iran conflict, with upcoming CPI and Middle East events key.
Arthur Hayes says a weaker EUR/JPY, possibly below 140 by 2027, points to Fed liquidity that could boost crypto.
Global bond yields retreat from highs, with focus shifting to US non-farm payrolls data due Friday.
Bitcoin and Ethereum fell this week as US-Iran strikes and rising rate hike odds triggered a risk-off move across markets.
New York Fed President Williams said Treasury yield surge reflects strong economy, not market dysfunction, easing alarmist interpretations.
The Fed's Beige Book shows modest economic growth and moderate inflation since July, with mixed outlooks.
Fed Chair Warsh's hawkish tone pushed September rate hike probability to 57%, while Nvidia earnings provided temporary support.
Ethereum dropped Friday after hawkish Fed comments, with the 2,350-2,550 range key for next trend direction.
S&P 500 has slipped below 7,640 support amid hawkish Fed bets and US-Iran escalation; the market sees a 67% chance of a September hike.
Greenback rallies on Warsh's hawkish tone; USD/JPY dips but bias stays bullish.
Bond yields in major economies hit multi-year highs, signalling a shift to higher-for-longer interest rates amid persistent inflation and fiscal deficits.
Wall Street falls for third day as Iran strikes, Fed hawkishness, and political risk roil markets. Bitcoin briefly dips below $77,000.
UBS's short-duration bond strategy is tested as yields surge on oil and geopolitical risks. The bank sticks to its stance despite market pricing rate hikes.
Bessent stressed monetary policy communication and backed Japan's yen steps. Also commented on Fed; crude oil rose on Iran attack.