- The Bureau of Economic Analysis (BEA) released the PCE index, which is now influencing market sentiment and impacting the performance of the Indian market.
- The FED relies on the Bureau of Economic Analysis for PCE data, which influences market sentiment.
S&P Global reports Harmony Gold's stock decline amid forecasts of Fed rate hikes reducing precious metals demand.
1 report, 1 independent
Updated Jun 26
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
S&P Global reports Harmony Gold's stock decline amid forecasts of Fed rate hikes reducing precious metals demand.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Harmony Gold
gold mining company in South Africa
Nothing else this week.
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FED
business
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Bureau of Economic Analysis
United States federal agency
Related events
- Economic market trends show gold appeal waning due to FED expectations, easing geopolitical risk premiums, and impacts on gold price stability.
- Robertson Stephens Wealth Management LLC reduced its stake in SPDR Gold Shares amid reduced expectations for a FED rate hike.
- Fed hike pricing influences Treasury sentiment, while China's potential US debt holdings affect gold and the dollar.
- A hawkish shift by the FED is impacting gold prices.
- Fed policy influences tech stock valuations, while China's debt spiral impacts global markets and affects gold prices.