Geopolitical tensions rise in Middle East, US Dollar weakens, Gold stable

From Investing.com: 2024-12-09 04:59:00

Geopolitical shifts in the Middle East are causing uncertainty as former foes unite. Gold remains stable as traders watch for Trump’s actions on conflicts. The US Dollar weakens as Fed members debate rate cuts ahead of key data releases. Stock indices hit all-time highs, led by strong consumer finances. Chinese and Japanese data indicate economic concerns, with Chinese inflation slowing. The RBA meets tomorrow amid signs of economic weakness, potentially softening its hawkish stance.



Read more at Investing.com: US Dollar Dips as Rate Cut Speculation Grows, Gold Stays Unmoved