Gold bulls gut outlooks as Deutsche Bank follows Goldman’s cut
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Gold bulls gut outlooks as Deutsche Bank follows Goldman’s cut
(June 23): Deutsche Bank AG reduced gold price forecasts by as much as 22%, as investors become more wary about the outlook for US monetary policy and investment demand for the precious metal dries up. Bullion is now seen at US$4,300 (RM17,804) an ounce in the third quarter, down by more than a fif»»»
Gold Rises Locally and Globally on Monetary Easing Bets... New Forecasts Point to Historic Highs
Gold prices rose in both local and global markets during mid-day trading on Wednesday, supported by growing expectations that the Federal Reserve will adopt a looser monetary policy in the coming period, according to a report by the "iSagha" platform for gold and jewelry trading. Market Performance»»»
Some brokerages see more Fed rate cuts, recession risks after latest US tariffs
Major brokerages including Goldman Sachs and RBC see more rate cuts by the U.S. Federal Reserve following President Donald Trump’s latest tariffs. Trump on Wednesday imposed a 10% baseline tariff on all imports to the U.S. and higher duties on dozens of other countries, sparking fears of a global e»»»
Recovery gains momentum, growth forecast raised
Goldman Sachs, JPMorgan Chase, Fidelity International, Deutsche Bank and some other foreign financial and banking institutions have raised their growth forecast for the Chinese economy, saying the Chinese stock market has bottomed out. Their optimistic view of China's economic prospects is mainly b»»»
After a pause, US Fed likely to hike interest rates to 22-year high
After pausing in June, the U.S. Federal Reserve is widely expected to hike interest rates again on July 26, adopting its most restrictive monetary stance for 22 years despite recent signs of slowing inflation. After 10 consecutive hikes in just over a year, the Fed halted its aggressive campaign of»»»
US Federal Reserve considers final interest rate hike to tackle inflation
The US Federal Reserve has commenced a two-day meeting to determine if it will raise its benchmark lending rate for possibly the last time in this campaign, in an effort to tackle persistent inflation. Since March of last year, the Fed has embarked on a bold series of interest-rate hikes to address»»»
Fed begins rate talks that could herald end of hikes
: The US Federal Reserve kicked off a two-day meeting Tuesday morning to decide whether to raise its benchmark lending rate for a 10th — and possibly final — time to tackle rising prices. The Fed has been on an aggressive campaign of interest-rate hikes since March last year, rapidly raising rates »»»
Some Wall Street banks see four U.S. interest rate hikes this year
Jan 10 (Reuters) - Goldman Sachs (GS.N) expects the Federal Reserve to raise interest rates four times this year and begin the process of reducing its balance sheet size as soon as July, joining other big banks in forecasting an aggressive tightening of U.S. monetary policy. The Wall Street bank ea»»»
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