Page 46 - Construction Spending News Today

The reaction to the inflation data might be the highlight on Monday. The monthly jobs report is likely to be in focus this week. Initial cues from the U.S. Futures Index suggest that Wall Street might open slightly up.

Construction spending in the U.S. unexpectedly saw further downside in the month of February, according to a report released by the Commerce Department on Monday.

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The gold price marked a fresh multi-day top at $2,050 yesterday amid a weaker US dollar. Now, the metal has retreated to $2,045 at press time.

The persistent buying pressure in the US Dollar weighed further on the risk-associated universe, against the backdrop of further signs of the loss of momentum in inflation on both sides of the Atlantic and steady bets of interest rate reductions by the Fed and the ECB at some point this summer.

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Dublin, Feb. 23, 2024 (GLOBE NEWSWIRE) -- The

Bets on the potential timing of interest rate cuts by the Federal Reserve ruled the sentiment once again in the FX galaxy this week.

Dublin, Feb. 22, 2024 (GLOBE NEWSWIRE) -- The