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Dollar Slips as Softer U.S. Inflation Weakens Fed Rate Hike Bets
Business and Economy

Dollar Slips as Softer U.S. Inflation Weakens Fed Rate Hike Bets

Dollar Falls on Softer Inflation, Fed Rate Hike Expectations Cool Market Reactions to U.S. Inflation Data and Fed Policy Outlook By Jiaxing Li Dollar Performance

Gold holds gains above $4,100 as weak US jobs data cuts Fed rate hike odds in half
Business and Economy

Gold holds gains above $4,100 as weak US jobs data cuts Fed rate hike odds in half

The US economy added just 57,000 jobs in June, roughly half the 110,000 that economists had penciled in. Gold responded by doing what gold does

Gold erases yearly gains as robust US jobs data fuels Fed rate hike bets
Business and Economy

Gold erases yearly gains as robust US jobs data fuels Fed rate hike bets

Gold just gave back everything it earned this year in a single session. Spot prices dropped as much as 3.6% on June 5, sliding to

South Africa's Kganyago signals resolve to curb inflation after rate hike​
Business and Economy

South Africa’s Kganyago signals resolve to curb inflation after rate hike​

Governor of the South African Reserve Bank Lesetja Kganyago attends a seminar titled “The Evolving Art of Monetary Policy in Emerging Markets” during the 2025