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By Pablo Sinha (Reuters) -Gold prices held steady on Thursday, as investors digested a delayed U.S. jobs report that showed better-than-expected September employment numbers for further cues on the Federal Reserve's policy outlook.
In the international markets, Comex gold for December delivery went lower by 0.14 per cent to USD 4,054.46 per ounce, while silver fell nearly 2 per cent to USD 49.34 an ounce
Fed rate-cut odds plunge as traders brace for volatility and shifting policy signals ahead of the FOMC minutes.
The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% to 4%. Some economists think another cut could come at ...
A strong September jobs report slashed Fed rate-cut odds for December, but Wall Street rallied as growth optimism outweighed policy uncertainty.
(Reuters) -Most Gulf stock markets slipped on Tuesday, tracking declines in global equities as diminishing odds of an interest rate cut by the U.S. Federal Reserve weighed on sentiment, while investors awaited key government data from the world's largest economy.
Since the Fed’s rate cut at the end of October, the entire yield curve from the 3-month Treasury yield to the 30-year Treasury yield has risen. Mortgage rates have risen too. Read more here.