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Overview: The market put more weight on the rise in the US ISM manufacturing survey than the downward revision to the manufacturing PMI and the unexpected back-to-back decline in construction spending.
Federal Reserve Bank of San Francisco President Mary Daly mentioned on Tuesday that we must assess the duration for maintaining rates at their current level.
Gold price (XAU/USD) scales higher for the fifth successive day on Monday and touches a fresh record high, beyond the $2,250 level during the Asian session.
United States: Steady, As She Goes This week's economic data largely reinforced existing economic growth patterns.
Everybody wants to know when the Federal Reserve is going to declare victory over price inflation and begin loosening monetary policy.