XAU/USD set to hit fresh highs in 2024 – MUFG
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Gold has been on a roller-coaster ride in H2 2023, slumping in September before surging to a record earlier this month. Economists...
Gold Is Regaining Investors’ Attention
Gold is experiencing an upswing due to increased geopolitical risks, a weakening US Dollar, and falling US Treasury bond yields, leading to a recovery in...
BIS general manager urges central banks to “lead innovation” for CBDCs By Cointelegraph
Central banks have a responsibility to keep pace with the digital age and lead innovation, Agustín Carstens, general manager of the Bank for International Settlements...
Discernible signs of the US economy cooling to hurt the Dollar – Commerzbank
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The Fed left interest rates unchanged for the second meeting in a row. Now everything depends on the data, economists at Commerzbank...
Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks By Cointelegraph
The Swiss National Bank (SNB), six commercial banks and the SIX Swiss Exchange will work together to pilot the issuance of wholesale central bank digital...
Zombie firm bankruptcies amid Fed interest rate hikes
In the U.S., 516 publicly listed firms have filed for bankruptcy from January through September 2023. Many of these firms have survived for several years...
Visa completes digital Hong Kong dollar pilot test with local banks By Cointelegraph
Payment processor Visa (NYSE:) has completed the Hong Kong Monetary Authority’s central bank digital currency (CBDC) Pilot Programme with HSBC and Bank. According to the...
XAU/USD to move sustainably into $2,100 territory – TDS
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Gold moved into $2,000 territory in response to rising geopolitical risks. Strategists at TD Securities analyze the yellow metal’s outlook. Fed set...
Shift in financial investor sentiment towards Gold – Commerzbank
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The CFTC market positioning data published on Friday revealed a shift in financial investor sentiment towards Gold, economists at Commerzbank report. Short...
Diversification benefits of Oil and Gold remain intact – UBS
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Investors face fresh uncertainties. Heightened geopolitical risks underline the merits of diversification, economists at UBS report. Oil and Gold assets will also...