Blowout US Jobs numbers boost interest rate hike concerns

Asian stocks set to rise as strong US jobs data boost Fed rate hike bets; yen in focus

Brent crude climbs after Iran said it targeted three oil tankers using an unauthorised route through Hormuz Read more at The Business Times.

Gold Holds Decline as Traders Weigh Prospects for Fed Rate Hike

Gold held a decline, after stronger-than-expected US payrolls data raised the prospects for an interest-rate hike as early as next week.

Blowout US Jobs numbers boost interest rate hike concerns

Review  NOTE: U.S. financial markets will be closed on Monday, September 7, in observance of the Labor Day holiday. Reportedly, U.S. Treasury Secretary Bessent supported the yen to prevent Japanese investors exiting the Treasury market. Meanwhile, the central bank of the Netherlands could be seen exiting the New York Federal Reserve with as much gold as […]

Gold declines as stronger US payrolls data raises rate hike prospects

Gold fell 2.4% to near $4,400 per ounce after US payrolls surged by 162,000 in August, pushing Fed rate hike odds to 60% ahead of September

Weekly column: Blowout US Jobs numbers boost interest rate hike concerns