Gold prices surged nearly 3% to $4,455.30 per ounce as safe-haven demand intensified following the US strike on Venezuela, with traders citing heightened geopolitical and monetary policy risks.
#YonhapInfomax #GoldPrices #SafeHaven #FederalReserve #GeopoliticalTensions #ISMIndex #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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Fed members' statements and the signs of buoyant inflation in the ISM Services index have reduced the probability of a Fed rate cut. Global markets are also closely watching the developments in China. This time, China intervened in the decline in stock markets with a sovereign wealth fund. #Fed #Inflation #ISMIndex #RateCut #GlobalMarkets #China #SovereignWealthFund

Later in the day, we will be monitoring the Services Purchasing Managers' Index (PMI) for January and the ISM Non-Manufacturing Purchasing Managers' Index (PMI) for January in the United States. Additionally, there is an anticipated speech from Fed member Bostic. #USPMI #ISMIndex #FedSpeech #EconomicIndicators