Markets scale back odds of a September Fed hike
Market talk says expectations for a Federal Reserve rate hike in September have been scaled back after comments from two Fed policymakers suggesting they prefer unchanged rates for now.
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Silver holds gains after Waller remarks scale back September hike odds
Silver traded near $67 an ounce on Friday after two straight sessions. Dovish comments from Fed Governor Christopher Waller led markets to trim odds of a September rate hike; payrolls and next week’s inflation data are in focus.
Gold holds gains as Waller signals openness to unchanged rates
Gold traded near $4,500 an ounce after two straight sessions of gains, supported by dovish remarks from Fed Governor Christopher Waller. Traders cut the odds of a September rate hike to about 50% from about 63%.
Silver rebounds above $66 as Fed hike odds cool
Silver climbed above $66 an ounce on Thursday, rebounding from two-week lows as the US dollar and Treasury yields retreated. September rate-hike expectations cooled after dovish Fed comments from Christopher Waller and John Williams.
Gold rebounds near $4,470 as Fed hike odds fade after Waller comments
Gold climbed to around $4,470 an ounce Thursday, rebounding from more than three-week lows as the US dollar and Treasury yields retreated. Fed Governor Waller backed keeping rates unchanged at September if August confirms progress.
Intuitive Machines receives $600M+ authorization for multi-satellite program
Intuitive Machines (NASDAQ: LUNR) says it has received authorization to proceed on a multi-satellite communications infrastructure program with an anticipated value exceeding $600 million.
S&P 500 Eyes Records, Fed Hike Odds Near 51% Before CPI: Stock Market Today
U.S. equities drifted either side of the flatline by midday Tuesday, with the S&P 500 hovering just below the record high it tested at Monday’s close, as diplomatic signals out of the Persian Gulf took the heat out of crude’s rebound and pulled Treasury yields back from multi-decade highs. President Donald Trump harden