Gold Holds Steady Near $4,200 Amid Fed Rate Cut Expectations
Gold holds steady around $4,200 as traders stay cautious ahead of next week’s Federal Reserve policy meeting.
Silver Takes A Step Back From Record High
The metal market is looking for direction, and both Gold and Silver are poised to retest their recent peaks.
EUR/USD Forecast: Bullish Momentum Amid ECB-Fed Divergence, Weaker ADP
The EUR/USD forecast remains bullish as the dollar weakened further following the release of dismal ADP and Services PMI data.
The US Labor Market Is Showing Signs Of Job Losses
Markets increased bets on Fed easing after the ADP report showed an unexpected decline of 32,000 jobs.
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Daily Market Outlook - Thursday, Dec. 4
On Thursday, Japanese markets stole the spotlight across Asia, with the country's stocks leading regional gains.
Two Trades To Watch: DAX, GBP/USD Forecast - Thursday, Dec. 4
DAX rises amid a global risk-on sentiment. GBP/USD consolidates around 1.335 ahead of US data.
Japan In Focus, With Fiscal Stimulus And BoJ Rate Cut Both Expected
The circa 2% gain for the Nikkei 225 came amid claims from BoJ Governor Ueda that the government’s economic stimulus plans will positively impact economic growth, although it would also have inflationary effects.