Gold drops on Fed rate hike repricing after hawkish Warsh
XAU/USD extends its decline after Fed Chair Warsh offered hawkish signals in his Jackson Hole debut, with markets now pricing in a September hike.
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XAU/USD extends its decline after Fed Chair Warsh offered hawkish signals in his Jackson Hole debut, with markets now pricing in a September hike.
Shares of Salesforce jumped after strong revenue guidance which, alongside a deepening Anthropic partnership, helped mitigate SaaSpocalypse worries - but AI disruption risks do not go away.
USD/KRW slips as the BoK delivers back-to-back hikes to contain inflation driven by the energy shock and the AI boom.
Markets want Warsh to clarify how firmly the Fed will fight inflation, how much weight it gives higher bond yields, and what would trigger another rate hike.
The SPX500 rally stalls as markets look to Nvidia earnings, PCE update and Warsh speech - events that can shape its trajectory and fuel volatility.
UKOil remains technically bullish, but its next major move hinges on Hormuz disruption and tougher US sanctions on Iran.
Resilient growth, rising yields and energy risks are putting increasingly expensive markets under pressure.
Nvidia continues to reap the benefits of the AI boom ahead of its August 26 earnings, but hardware shifts are chipping away at its dominance just as structural risks emerge.
Gold’s breakout has gathered momentum as falling long-term yields and a softer dollar give bulls a powerful fundamental tailwind.
Oil, yields and the dollar are increasingly setting the direction for gold and Japanese equities.
Mounting costs from a memory chip crunch and declining smartphone sales weighed on revenues and profitability, but EV deliveries continued to grow.
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