The dollar was poised for a third weekly gain on Friday after positive US economic data lowered expectations for rate cuts by the Federal Reserve anytime soon ... US economic data looks promising.
Singapore. Gold prices dipped on Thursday following stronger-than-expected US economic data, which reduced expectations of an imminent interest rate cut ... .
Economic Data Provides CrucialMarket Context ... Upcoming economic data releases Federal Reserve meeting outcomes Global growth projections Geopolitical developments ... The US dollar heads for a substantial weekly gain supported by robust economic data.
) Euro futures faced renewed selling pressure, dropping to a seven-week low as strong U.S. economic data provided a tailwind for the U.S. dollar...Disclaimer.
The gains were driven by stabilizing bond yields, better-than-feared retail earnings, and reassuring economic data on jobless claims and import prices, which eased immediate inflation concerns.
European stocks ended the session little changed on Wednesday, following a streak of record closes, as investors took a breather to digest the latest US-Venezuela developments and awaited fresh economic data.
Compounding the domestic economic data was a major geopolitical development ... This trend mirrors historical precedents where late-cycle economic data becomes increasingly volatile, leading to sharp ...