Tag: subdued

Gold subdued as investors seek more data for Fed rate cues

By Sherin Elizabeth Varghese (Reuters) – Gold prices eased on Monday as investors awaited more U.S. economic data, while reports from last week showed that inflation was stabilising and lifted hopes for the Federal Reserve to cut interest rates later this year. Spot gold was down 0.4% at $2,322.24 per ounce, as of 0320 GMT […]

Futures subdued after tech rally; Nvidia continues to climb

(Reuters) – The S&P 500 and the Dow futures were little changed on Thursday as investors awaited fresh data to gauge the U.S. labor market strength, while the Nasdaq futures inched higher as gains in AI-favorite Nvidia boosted optimism around the tech sector. A tech rally on Wednesday drove the S&P 500 and the Nasdaq […]

Gold subdued as US dollar, yields firm; traders await inflation data

By Sherin Elizabeth Varghese (Reuters) – Gold prices edged lower on Wednesday as the U.S. dollar and Treasury yields held firm ahead of key inflation data, which could offer more clarity on the Federal Reserve’s interest rate trajectory. Spot gold eased 0.2% to $2,356.92 per ounce as of 0334 GMT. Prices had hit an all-time […]

Iowa Legislature reconvenes with subdued start ahead of presidential caucuses

DES MOINES, Iowa (AP) — The Iowa Legislature reconvened Monday for a somewhat subdued start to the 2024 session given the flurry of legislation passed last year and the one-week countdown to Republicans’ presidential caucuses. Before gaveling in, Iowa Republicans celebrated their trifecta — control of the House, Senate and governor’s mansion — and the […]