Capitalize Financial
No Result
View All Result
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
Capitalize Financial
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Economy

Gold Set for Biggest Weekly Drop Since February Before Jobs Data

by capitalizefinancial
June 4, 2021
in Economy
0

Gold headed for its biggest weekly decline since February on investor concerns over a potential pullback in central bank stimulus amid signs the recovery is gathering pace.

Bullion extended a drop after tumbling 2% Thursday as the dollar and Treasury yields rose following better-than-expected U.S. data which added to speculation the Federal Reserve may bring forward the timeline for tapering bond purchases. Service providers expanded at the fastest pace on record last month, highlighting the ramp-up in business activity across the economy. American companies added the most jobs in May in nearly a year, according to the ADP Research Institute.

Still, New York Fed President John Williams said now is not the time for the U.S. central bank to adjust its bond-buying program, though it makes sense for the officials to be talking through options for the future. That follows comments from his Philadelphia counterpart,Patrick Harker, who said it’s appropriate to “slowly, carefully” move back on purchases at a suitable time.

 

 

continue…

Previous Post

Justice Department to treat ransomware attacks with similar priority as terrorism

Next Post

Cardinal George Pell: Australian media fined A$1.1m over trial reports

Next Post
Cardinal George Pell: Australian media fined A$1.1m over trial reports

Cardinal George Pell: Australian media fined A$1.1m over trial reports

Search…

No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial’s ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.

Recent News

Fear The Walking Dead Proves The Problem With Negan’s Redemption

Biden offers logistics support to ease formula shortage

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • Georgia
  • health
  • Markets
  • Music
  • Politics
  • Real Estate
  • receipe
  • Science
  • science
  • Sports
  • Sports
  • Tech
  • Travel
  • World

Site Navigation

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

Capitalize Financial, a news portal which provides the financial news global wide.

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

© 2021 Capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Markets
  • Real Estate

© 2021 Capitalize Financial All Rights Reserved