US dollar rises after jobs data; Fed cut expected but hawkish comments likely
The U.S. dollar advanced on Tuesday as better-than-expected job-market figures underscored a still resilient labor market ahead of the Federal Reserve's anticipated rate cut, with policymakers likely to emphasize inflation risks that could constrain further easing moves.
Asian benchmarks mostly decline as investors anticipate US rate cut
Asian shares were mostly lower, trading in a narrow range ahead of a Federal Reserve meeting later Wednesday that's expected to result in the third cut to interest rates this year. Japan's benchmark Nikkei 225 dropped 0.
Data supports lower interest rates, strategist says, predicting 2 to 4 rate cuts in next 12 months
While markets seem to expect a 25-basis-point interest-rate cut this week, with 30-day fed-funds futures pricing in 89% likelihood of a rate cut, investors [may be curious](
Gold rises ahead of Fed rate cut decision, silver hits $60/oz milestone
Gold gained on Tuesday as traders remained optimistic ahead of the U.S. Federal Reserve's interest rate decision, while silver rose to hit an unprecedented $60 per ounce milestone amid supply constraints.