The Dow Jones Industrial Average (DJIA) scorched 700 points higher on Friday after a close-enough-to-expectations print in US Personal Consumption Expenditures Price Index (PCE) inflation came in cool enough to allow investors to keep hopes for a September rate cut pinned to the ceiling.
Related Articles
CCI Histogram Volume MT5 Indicator
The world of financial markets can feel like a whirlwind of charts,...
Global Market Weekly Recap: November 18 – 22, 2024
Global markets rallied despite heightened Russia-Ukraine tensions, with gold and oil gaining...
FX Weekly Recap: November 18 – 22, 2024
Major currencies saw wild swings as Russia-Ukraine tensions escalated. Safe havens rallied...
Gold closes week above $2,700, US PCE data in Focus
Gold price rallies to a new two-week high on Friday during the...
Leave a comment