Treasury Traders Bet on 2024 Fed Rate CutsDespite recent fluctuations in yields driven by employment and service-industry data, Treasury traders are firmly betting on the Federal Reserve cutting interest rates significantly in 2024. Swap contracts linked to Fed meetings are pricing in nearly six quarter-point reductions, with over a 70% chance of a cut in March. Initially, these bets were scaled back […] READ MORE Strong U.S. December Job Growth Questions Potential March Fed Rate CutIn December, U.S. employers hired more workers than anticipated and increased wages significantly, raising doubts about the financial market’s expectations of the Federal Reserve cutting interest rates in March. The Labor Department reported a rise of 216,000 nonfarm payrolls, adjusting November’s figures down from 199,000 to 173,000. The unemployment rate remained steady at 3.7%. Following […] READ MORE Gold Recycling Rises in India During Wedding Season Amid High PricesIn India, where gold is deeply embedded in culture and tradition, the wedding season traditionally sparks a rise in demand. However, with soaring gold prices, a new trend is emerging: recycling gold. Instead of buying new gold, individuals are increasingly exchanging their existing gold jewelry for new designs. Surendra Mehta of the India Bullion and […] READ MORE 2023 Market Performance: A Review of Asset Class ReturnsIn 2023, various asset classes showed diverse performances, as evidenced by data from S&P Global and Investing.com. U.S. equities, real estate, and bonds, along with Canadian, European, and emerging market equities, all reported positive returns. Gold notably maintained high values, favored as an inflation hedge and further boosted by escalating geopolitical tensions. On the other […] READ MORE Central Banks Increase Gold Holdings by 44 Tons in NovemberNovember, global central bank gold reserves increased by a net total of 44 tons, as reported by the IMF and other public sources. This increase was due to substantial gross purchases of 60 tons, significantly outstripping the 15 tons sold. The trend of robust central bank demand for gold continued, with major contributions from banks […] READ MORE How One Man’s Wealth Upended Markets from Africa to AsiaIn the 14th Century, one ruler controlled over 2/3 of the world’s gold… and he wasn’t afraid to show it. READ MORE Gold Demand Dips as Wedding Season Begins, Diamond and Gemstone Sales RiseThe typical surge in gold demand during the wedding season has not materialized this year, with a drop of up to 25% reported. Prices have soared beyond ₹63,500 per 10 grams, leading to reduced interest in gold jewelry for the season running from January 15 to mid-March. In contrast, diamond and colored gemstone jewelry, which […] READ MORE December Sees Surge in U.S. Private Sector Jobs, Exceeding ForecastsThe U.S. private sector hiring exceeded expectations in December, contributing to a robust jobs market in 2023. According to ADP, private payrolls increased by 164,000, surpassing the Dow Jones estimate of 130,000 and the previous month’s revised 101,000. This growth indicates a tight labor market, with initial jobless claims also dropping in the last week […] READ MORE U.S. Bankruptcies Experience Significant Increase in 2023, Expected to Rise Further in 2024Bankruptcy filings in the U.S. saw an 18% surge in 2023, driven by higher interest rates, stricter lending standards, and the fading of pandemic-era financial supports. The total filings, which include both commercial and personal bankruptcies, rose to 445,186 from 378,390 the previous year, as reported by Epiq AACER. Notably, commercial Chapter 11 reorganizations jumped […] READ MORE « Previous 1 … 189 190 191 192 193 … 201 Next »