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FTSE 100 recovers from worst levels as Wall Street set to edge higher

FTSE 100 recovers from worst levels as Wall Street set to edge higher
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Price of Gold Fundamental Daily Forecast - Powell Comments Likely to Trigger Volatile Response

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Price of Gold Fundamental Daily Forecast – Powell Comments Likely to Trigger Volatile ResponseGold investors are anxious to see if Powell expresses concern about a recent volatile sell-off in Treasuries and his assessment of the economy.
Mar 04, 2021 09:36 AM GMT
Gold futures are trading lower on Thursday but slightly better than a nine-month low reached the previous session. However, rising U.S. Treasury yields continue to spook buyers of the non-yielding commodity.
The relatively low volatility this week suggests traders may be trying to build a support base at the lower end of a long-term retracement zone, but another lower-low in the chart pattern suggests sellers are still a dominant force. Prices are likely to continue lower until the buying is strong enough to take out one or a number of its current string of lower tops.

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Stocks Waver Ahead of Powell's Comments

Stocks Waver Ahead of Powell's Comments
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Buy this dip in Apple, Microsoft and these other tech stocks before they're out of reach, says analyst

It’s been a bad week for tech stocks. The Nasdaq tumbled 2.7% on Wednesday and fell further on Thursday. So buy the dip before tech stocks move at least 25% higher this year, says veteran tech analyst Daniel Ives of investment firm Wedbush.

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Gold - March 4, 2021 - Reliance Securities

Gold - March 4, 2021 - Reliance Securities

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Ten-Year Yield Jumps To One-Year Closing High In Reaction To Powell Comments

WASHINGTON (dpa-AFX) - After fluctuating early in the session, treasuries showed a substantial move to the downside over the course of the trading day on Thursday. Bond prices moved sharply lower

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Powell speaks shortly but don't expect a text release

Powell speaks shortly but don't expect a text release
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Fed Chair Powell Says Rates Won't Rise — Yet

Fed Chair Powell Says Rates Won't Rise — Yet
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Surge in 10-year yield sparks stocks selloff as Powell affirms patient stance

10-year Treasury yields jumped above 1.5% as Federal Reserve Chairman Jerome Powell pledged 'patient' stance in face of rising inflation.

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FTSE 100 recovers from worst levels as Wall Street opens higher after jobs figures

FTSE 100 recovers from worst levels as Wall Street opens higher after jobs figures
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