Conor Maloney
Conor Maloney is a journalist with hundreds of articles covering financial markets and topics published on sites like Yahoo Finance and GoldPrice.org.
He is passionate about blockchain, cybersecurity, and financial independence, and he believes in gold as a viable alternative to fiat currency.
Follow Conor at @iWriteCrypto on Twitter.
Initial Jobless Claims Drop From 16-Month High, Gold Price Holds Steady
Gold has held firm in the face of strong labor market report which saw initial jobless claims drop from a one-and-a-half year high last week as expected.
Bank of England Leaves Policy Rate Unchanged at 0.75%
The Bank of England met expectations on monetary policy by leaving the current rate of interest unchanged for the time being, reaching the decision by a unanimous vote.
Gold Price Rallies Briefly as ISM Non-Manufacturing Index Misses The Mark
The ISM Non-Manufacturing Index failed to reach its expected target today, posting a drop from 58.0 in December to 56.7 in January vs 57.2 expected by most analysts, although others such as Goldman Sachs has predicted a sharp drop.
“Federal Reserve May Need to Raise Interest Rates” – Cleveland Fed President Loreta Mester
The President of the Cleveland Federal Reserve Loretta Mester said on Monday that the US central bank’s policy of raising interest rates may not be suitable long-term.
Price of Gold Holds the Line Against Massive Jobs Growth, Unemployment Hits 4%
Today’s recent nonfarm payrolls report shows extremely strong growth in nonfarm payrolls which surged by 304,000 according to the Labor Department, vastly surpassing expectations of just 170,000 outlined by Dow Jones-surveyed economists.
Gold Holds Strong Gains as Initial Jobless Claims Highest Since September 2017
235,000 people opened new claims for jobless benefits in the week ended January 26, reaching a 16-month high which seems to run contrary to what was almost 49-year low of the week before.
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