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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
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
US mortgage rate climbs to nine-month high of 6.51% as inflation fears mount
The average 30-year fixed mortgage rate hit 6.51% for the week ending May 21, 2026, according to Freddie Mac. That’s the highest reading since August
Warsh Takes Fed Helm, Markets Eye Rate Path
Gotrade News – Kevin Warsh was sworn in as Federal Reserve Chairman on May 22, replacing Jerome Powell. Markets are now repricing the rate path
Stock futures climb as jobs data impacts Fed rate expectations
US stock futures increased Thursday as investors anticipated upcoming earnings reports and an inflation update. This follows a stronger-than-expected January jobs report. Dow Jones Industrial
Uganda Central Bank Maintains Rate Amid Inflation, Growth
The Bank of Uganda (BoU) has decided to maintain its Central Bank Rate at 9.75% during its Monday meeting. This rate has been consistent since
US Jobs Report Weakens, Raising Rate Cut Expectations
US jobs data presented a mixed picture, showing slower payroll growth alongside a lower unemployment rate. This combination has fueled speculation about potential Federal Reserve