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Gold hovers near 2-week high as weak data fuels US rate cut bets

PRECIOUS-Gold hovers near 2-week high as weak data fuels US rate cut bets Palladium down over 1% U.S. nonfarm payrolls (NFP) report due on Friday Gold could hit $2,400 if NFP confirms economic cracks - analyst Updates prices By Ashitha Shivaprasad July 4 (Reuters) - Gold prices eased on Thursday but hovered near a two-week high hit in the previous session after softer-than-expected U.S.
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Gold ticks higher after weak data fuels US rate cut bets

PRECIOUS-Gold ticks higher after weak data fuels US rate cut bets July 4 (Reuters) - Gold prices drifted higher on Thursday, after softer-than-expected U.S. economic data added to hopes that the Federal Reserve could cut interest rates in September. FUNDAMENTALS * Spot gold XAU= rose 0.1% at $2,357.59 per ounce, as of 0030 GMT after hitting a near two-week high in the previous session.
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Asia Morning Call-Global Markets

UPDATE 1-Asia Morning Call-Global Markets July 4 (Reuters) - Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,739.90 +21.70 NZX 50** 11,790.92 +14.19 DJIA 39,308.00 −23.85 NIKKEI** 40,580.76 +506.07 Nasdaq 18,188.302 159.54 FTSE** 8,171.12 49.92 S&P 500 5,537.02 28.01 Hang Seng** 17,978.57 209.43 SPI 200 Fut 7,808.00 79.00 STI** 3,415.51 47.61 SSEC** 2,982.38 -14.64 KOSPI** 2,794.01 13.15 ---------------------------------------------------------------------------------------- Bond
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World shares rise, US dollar weakens on soft labor market data

REFILE-GLOBAL MARKETS-World shares rise, US dollar weakens on soft labor market data Refile adds missing word 'to' in second paragraph S&P 500, Nasdaq notch fresh closing high US dollar weakens Crude prices climb 1% Benchmark 10-year yields dip Safe haven-gold rises to near two-week high By Chibuike Oguh NEW YORK, July 3 (Reuters) - World equities rose while the U.S.
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Nasdaq, S&P 500 post record closing highs ahead of July 4th

LIVE MARKETS-Nasdaq, S&P 500 post record closing highs ahead of July 4th Nasdaq, S&P 500 end higher; Dow slips Tech leads S&P 500 sector gainers; Healthcare weakest group Dollar dips; bitcoin down >2%; crude edges up; gold gains >1% U.S. 10-Year Treasury yield slides to ~4.35% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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World shares rise, US dollar weakens on soft labor market data

REFILE-GLOBAL MARKETS-World shares rise, US dollar weakens on soft labor market data Refiles to add missing word "to" in second paragraph S&P 500, Nasdaq advance US dollar weakens Crude prices climb Benchmark 10-year yields dip Safe haven-gold rises to near two-week high By Chibuike Oguh NEW YORK, July 3 (Reuters) - World equities rose while the U .S.
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Harris leads Biden in PredictIt betting markets

LIVE MARKETS-Harris leads Biden in PredictIt betting markets Nasdaq up ~0.7%, S&P 500 up ~0.3%, Dow of ~0.2% Tech leads S&P 500 sector gainers; Healthcare weakest group Euro STOXX 600 index up ~0.8% Dollar down; bitcoin down ~3%; crude edges up; gold gains >1 U.S. 10-Year Treasury yield slides to ~4.36% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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July 3 data rush part two: Services PMI, trade balance, et al

LIVE MARKETS-July 3 data rush part two: Services PMI, trade balance, et al Nasdaq up ~0.5%, S&P 500 modestly green, Dow slips Tech leads S&P 500 sector gainers; healthcare weakest group Euro STOXX 600 index up ~0.8% Dollar down; crude slips; bitcoin down >2%; gold gains >1% U.S. 10-Year Treasury yield slides to ~4.35% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Gold hits near 2-week high as soft US data lifts Fed rate-cut bets

PRECIOUS-Gold hits near 2-week high as soft US data lifts Fed rate-cut bets US service sector sags in June as orders sink US weekly jobless claims rise as labor market slows Dollar hits two-week low US nonfarm payrolls report due on Friday Adds details from Fed minutes in 9th paragraph and updates prices By Brijesh Patel July 3 (Reuters) - Gold prices rose more than 1% to a near two-week high on Wednesday, driven by increased bets for a September interest rate cut by the Federal Reserve after re
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Pre-July 4 data rush, part one: Jobs

LIVE MARKETS-Pre-July 4 data rush, part one: Jobs S&P 500, Nasdaq, Dow slightly green Utilities lead S&P 500 sector gainers; healthcare weakest group Euro STOXX 600 index up ~0.7% Dollar dips; bitcoin down >2%; crude edges up; gold gains ~1% U.S. 10-Year Treasury yield falls to ~4.41% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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BofA clients keep the faith in Tech, Communication Services

LIVE MARKETS-BofA clients keep the faith in Tech, Communication Services Main U.S. indexes edge green; FOMC minutes due after early close Materials lead S&P 500 sector gainers; Comm Svcs weakest group Euro STOXX 600 index up ~0.7% Dollar dips; bitcoin down >2%; crude edges up; gold gains ~1% U.S. 10-Year Treasury yield falls to ~4.40% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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S&P 500 index vs resistance line: Acting like ivy

LIVE MARKETS-S&P 500 index vs resistance line: Acting like ivy Main U.S. equity index futures edge red Mortgage market index 206.5 vs 212 last week ADP National employment 150k vs 160k estimate Initial jobless claims 238k vs 235k estimate Euro STOXX 600 index up ~0.7% Dollar slips; bitcoin down >3%; crude edges up; gold gains ~1%U.S. 10-Year Treasury yield edges dips to ~4.41% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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World stocks rise on rate cut bets, yen flounders at 38-year lows

GLOBAL MARKETS-World stocks rise on rate cut bets, yen flounders at 38-year lows Adds quote in paragraph 19, updates prices throughout By Alun John and Dhara Ranasinghe LONDON, July 3 (Reuters) - Shares around the world rose on Wednesday as comments from Federal Reserve Chair Jerome Powell reinforced expectations that U.S. rate cuts were not far off, briefly halting recent rises in Treasury yields and the dollar.
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World stocks rise on rate cut bets, yen flounders at 38-year lows

GLOBAL MARKETS -World stocks rise on rate cut bets, yen flounders at 38-year lows Updates prices at 0950 GMT By Ankur Banerjee and Alun John SINGAPORE/LONDON, July 3 (Reuters) - Shares around the world rose on Wednesday as comments from Federal Reserve Chair Jerome Powell reinforced expectations that U.S. rate cuts were not far off, and also made a brief halt to recent rises in Treasury yields and the dollar.
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Gold gains on softer dollar ahead of US Fed minutes

PRECIOUS-Gold gains on softer dollar ahead of US Fed minutes Fed's Powell says U.S. on 'disinflationary path' Fed minutes due out at 1800 GMT U.S. non-farm payrolls report due on Friday Updates prices and graphic as of 1156 GMT By Daksh Grover July 3 (Reuters) - Gold prices strengthened on Wednesday as the dollar eased after dovish comments from Federal Reserve Chair Jerome Powell, with investors now turning to minutes from the U.S.
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Asia stocks rise on rate cut wagers, yen wallows at 38-year lows

GLOBAL MARKETS-Asia stocks rise on rate cut wagers, yen wallows at 38-year lows Updates at 0530 GMT By Ankur Banerjee SINGAPORE, July 3 (Reuters) - Asian stocks rose on Wednesday as comments from Federal Reserve Chair Jerome Powell reinforced expectations that U.S. rate cuts were not far off, while the yen struggled at levels last seen in 1986, keeping traders wary of Japanese intervention.
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Asia stocks gain on rate cut wagers, yen stays near 38-year lows

GLOBAL MARKETS-Asia stocks gain on rate cut wagers, yen stays near 38-year lows By Ankur Banerjee SINGAPORE, July 3 (Reuters) - Asian stocks rose on Wednesday as comments from Fed Chair Jerome Powell reinforced expectations that U.S. rate cuts were not far off, while the yen remained pinned near levels last seen in 1986, keeping traders wary of Japanese intervention.
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Gold firms as investors strap in for Fed minutes

PRECIOUS-Gold firms as investors strap in for Fed minutes Fed minutes due out at 1800 GMT U.S. non-farm payrolls report due on Friday Updates prices and graphic By Ashitha Shivaprasad July 3 (Reuters) - Gold prices firmed on Wednesday, as investors awaited minutes of the Federal Reserve's last policy meeting for further cues on the central bank's interest rate cut path.
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Gold edges higher as dollar weakens; focus on U.S. Fed minutes

PRECIOUS-Gold edges higher as dollar weakens; focus on U.S. Fed minutes July 3 (Reuters) - Gold prices inched up on Wednesday as the U.S. dollar eased, while investors' focus shifted to minutes from the Federal Reserve's latest policy meeting for fresh signals on the timing of the central bank's interest rate cuts. FUNDAMENTALS * Spot gold XAU= rose 0.1% at $2,331.41 per ounce, as of 0026 GMT.
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Shares edge higher, US Treasury yields weaken as markets weigh Fed chair comments

GLOBAL MARKETS-Shares edge higher, US Treasury yields weaken as markets weigh Fed chair comments Wall Street indexes edge higher Benchmark 10-year yields dip Crude prices falls US dollar weakens Safe-haven gold slips Updates prices throughout with U.S. markets close, oil settlement By Chibuike Oguh NEW YORK, July 2 (Reuters) - Global stocks edged higher while U.S.
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