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Jerome Powell

US MIDDAY: Gold ekes out gains

US MIDDAY: Gold ekes out gains

NEW YORK: Gold prices edged higher on Thursday as investors adopted a cautious stance ahead of remarks from Federal...
Published 05 Mar, 2021 05:17am
South Africa's rand edges up, focus on Powell's speech
Markets

South Africa's rand edges up, focus on Powell's speech

  • With a light local data calendar this week, the rand's movements have been mainly driven by offshore events.
  • Policymakers are generally keeping to the sidelines but markets will be intrigued by comments from the Fed chairman at the WSJ webinar tonight.
Updated 04 Mar, 2021 09:53pm
Nikkei reclaims 30,000-mark
Markets

Nikkei reclaims 30,000-mark

TOKYO: Japan’s Nikkei index closed above the 30,000-mark on Thursday after Federal Reserve Chair Jerome Powell...
Published 26 Feb, 2021 05:20am
Futures hit record highs ahead of inflation data, Fed chair speech
Markets

Futures hit record highs ahead of inflation data, Fed chair speech

  • President Joe Biden on Tuesday agreed to a proposal by Democratic lawmakers to limit or phase out stimulus payments to higher-income individuals as part of his administration's $1.9 trillion coronavirus relief bill.
  • Wall Street's main indexes have scaled a series of all-time peaks recently, with investors moving into sectors such as energy.
Published 10 Feb, 2021 06:24pm