Analysts expect XAG to outperform XAU in 2024

Analysts expect XAG to outperform XAU in 2024

One-kilogram silver bars sit stacked at Gold Investments Ltd. bullion dealers in this arranged photograph in London, U.K., on Wednesday, July 29, 2020. Chris Ratcliffe | Bloomberg | Getty Images A record-breaking rally for gold may yet continue, particularly as investors position for interest rate cuts — but analysts say silver appears well placed to … Read more

A mixed picture on U.S. jobs growth

A mixed picture on U.S. jobs growth

Workers at a restaurant at Grand Central Market in Los Angeles, California, US, on Thursday, Nov. 2, 2023.  Eric Thayer | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

10-year Treasury yield little changed after unemployment rate ticks up in February jobs report

10-year Treasury yield little changed after unemployment rate ticks up in February jobs report

The 10-year U.S. Treasury yield was near flat on Friday after the February jobs report showed solid employment growth but also an increase in the unemployment rate. The yield on the 10-year Treasury was less than 1 basis points lower at 4.085%. The 2-year Treasury yield was last down by about 3 basis point at … Read more

U.S. CEOs feel more upbeat on economy

U.S. CEOs feel more upbeat on economy

Workers look on ahead of remarks by US President Joe Biden, not pictured, at an Amtrak facility in New Castle County, Delaware, on November 6, 2023. Andrew Caballero-Reynolds | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more

Crude oil prices today: WTI, Brent pull back

Crude oil prices today: WTI, Brent pull back

US Federal Reserve Board Chairman Jerome Powell testifies at a House Financial Services Committee hearing on the “Federal Reserve’s Semi-Annual Monetary Policy Report,” on Capitol Hill in Washington, DC, March 6, 2024.  Mandel Ngan | Afp | Getty Images Oil prices edged lower Thursday, giving up some of the previous session’s gains. The West Texas … Read more

No news is good news for Wall Street

No news is good news for Wall Street

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024.  Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more

Powell reinforces position that the Fed is not ready to start cutting interest rates

Powell reinforces position that the Fed is not ready to start cutting interest rates

Federal Reserve Chairman Jerome Powell arrives to testify during the House Financial Services Committee hearing titled “The Federal Reserve’s Semi-Annual Monetary Policy Report,” in Rayburn Building on Wednesday, June 21, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Federal Reserve Chair Jerome Powell on Wednesday reiterated that he expects interest rates to start … Read more

WTI, Brent rise ahead of Fed chair testimony

WTI, Brent rise ahead of Fed chair testimony

Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. David Mcnew | Reuters Crude oil futures rose Wednesday ahead of Federal Reserve Chairman Jerome Powell’s testimony before Congress and the release of U.S. inventory data. The West Texas Intermediate contract … Read more

U.S. services pace slows slightly

U.S. services pace slows slightly

Shoppers are seen at Whole Foods Market on October 14, 2022, in Atlanta, Georgia. Elijah Nouvelage | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

What to watch with Fed Chair Powell heading to Capitol Hill Wednesday

What to watch with Fed Chair Powell heading to Capitol Hill Wednesday

Jerome Powell, chair of the Federal Reserve, during a House Financial Services Committee hearing in Washington, D.C., on June 21, 2023. Nathan Howard | Bloomberg | Getty Images Federal Reserve Chairman Jerome Powell heads to Capitol Hill on Wednesday with markets intent on getting more clarity about how the central bank plans on proceeding with … Read more