- From dailyforex.com|9 hr ago
Gold markets have fallen initially during the trading session on Tuesday but found a lot of strength later in the day to turn around and form a massive hammer. This is a market that cannot fall for any significant amount of time, and any time it does start to fall, there are plenty of people willing to jump in and pick up “cheap gold.” The $1880 level ...
- From @sevenloI|1 hr 58 min ago
tweet at 2:38pm: Fed’s Powell: - Our Focus is on Sustained Changes to Broader Financial Conditions - We Are Not Yet at a Sufficiently Restrictive Level on Rates - We Will Take Into Account Financial Conditions and Other Conditions as We Set Policy tweet at 2:40pm: Fed’s Powell: - It is a Good Thing That Disinflation So Far Has Not Come at Expense of Labor Market - But This Disinflationary Process is in Early Stages - In Housing Services, We Expect Inflation to Continue Moving Up but Then Moving Down as New Leases Come in Lower tweet at 2:41pm: Fed’s Powell: - But in Core Services Ex Housing We Don't See Disinflation Yet - It is Gratifying to See Disinflationary Process Getting Under Way and Still Strong Labor Market Data - ECI and Avg Hourly Earnings Off of Highs, Still Fairly Elevated tweet at 2:42pm: FED'S POWELL: ECI AND AVERAGE HOURLY EARNINGS ARE DOWN FROM HIGHS BUT REMAIN FAIRLY ELEVATED. tweet at 2:42pm: Fed’s Powell: - Job Openings Numbers From JOLTS Report Has Been Quite Volatile Recently - JOLTS Number Is 'Probably An Important Indicator' - We See Wages Moving Down - By Many Many Indicators Job Market is Still Very Strong