بنكي | GLOBAL

Gold Prices Steady as Markets Await U.S. Rate Signals

Gold prices held steady on Thursday as investors awaited key U.S. economic data due later this week, expected to provide clearer guidance on the path of interest rates.

Dollar Falls Amid Mounting Pressures and Rising Expectations of U.S. Rate Cuts

The U.S. dollar opened Thursdays session lower as investors increasingly priced in the likelihood of a Federal Reserve interest rate cut in September, following signals that such a move could be on the table.

Dollar Falls Amid Rising Concerns Over Federal Reserve Independence

The U.S. dollar weakened on Wednesday as investors grew increasingly concerned about the independence of the Federal Reserve, following President Donald Trumps latest move to expand his influence over the central bank.

Gold Declines as Dollar Rises, Fed Tensions Limit Losses

Gold prices slipped on Wednesday under pressure a stronger U.S. dollar, while political tensions surrounding the Federal Reserve helped prevent sharper losses.

China’s Net Gold Imports via Hong Kong More Than Double in July

Dollar Retreats After Fed’s Lisa Cook Dismissal

The U.S. dollar slipped in early Asian trading on Tuesday after President Donald Trump announced the dismissal of Federal Reserve Board member Lisa Cook. The dollar index dropped 0.3% to 98.187 points, following its strongest daily gain in four weeks on Monday.

Gold Hits Two-Week High as Dollar Weakens After Fed Shake-Up

Gold prices climbed to their highest level in two weeks on Tuesday, supported by a weaker dollar following President Donald Trumps dismissal of Federal Reserve Board member Lisa Cook.

HSBC’s Swiss Private Bank Ends Ties with Wealthy Middle Eastern Clients amid Restructuring and Regulatory Scrutiny

HSBC is pressing ahead with a major restructuring of its Swiss private banking business in a move aimed at reducing exposure to clients classified as high-risk. The bank has decided to terminate relationships with a significant number of Middle Eastern clients, including wealthy individuals with assets exceeding 100 million, according to people familiar with the matter.

Fed Minutes Reveal Rare Split on Interest Rates Amid Inflation Pressures and Weak Job Growth

The minutes of the U.S. Federal Reserves July 2930 meeting, released on Wednesday, revealed a rare internal split not seen since 1993 over the direction of interest rates. While most policymakers agreed to keep the federal funds rate unchanged within the 4.25%4.50% range, two membersMichelle Bowman, Vice Chair for Supervision, and Governor Christopher Wallervoted against the decision, preferring a quarter-point rate cut to guard against mounting weakness in the labor market.

Gold Holds in Tight Range Ahead of Powell’s Jackson Hole Speech

Gold prices moved within a narrow range on Thursday as investors awaited clearer signals on the U.S. Federal Reserves policy outlook ahead of the Jackson Hole Symposium in Wyoming, running August 21 to 23.

Standard & Poor’s Affirms U.S. Credit Rating at AA+ with Stable Outlook

China Keeps Interest Rates Steady to Support Economic Activity

The Peoples Bank of China PBoC decided to keep its key lending rates unchanged in its latest move to maintain financial stability and support growth. The one-year Loan Prime Rate LPR was held at 3%, while the five-year LPR, a benchmark widely used for mortgage lending, remained at 3.5%.