Gold prices hold firm as banking worries persist
ECB pushes through 50 bps rate hike despite market turmoil Traders see Fed raising rates by 25 bps next week March 16 (Reuters) – Gold...
Gold rallies over 1% as Credit Suisse crisis hits risk appetite
Flagship Swiss bank Credit Suisse’s shares slump U.S. Treasury yields tumble, dollar soars Platinum, palladium also pressured by risk-off mood Market largely pricing in Fed...
Strong U.S. economic growth expected in fourth quarter, outlook darkening
Fourth-quarter GDP forecast to increase at a 2.6% rate Strong consumer spending seen; other sectors to contribute Weekly jobless claims expected to rise moderately WASHINGTON,...
Consumer inflation in Japan’s capital hits near 42-year high, keeps BOJ under pressure
Jan Tokyo core CPI rises 4.3% yr/yr vs f’cast +4.2% Tokyo core-core CPI up 3.0% yr/yr in January Data highlights mounting inflationary pressure Govt fuel...
Gold rises over 1% on tepid U.S. dollar, safe-haven inflows
Dollar slips after weak U.S. data Gold looks overbought – analyst Palladium rose up to 3% earlier in session Jan 19 (Reuters) – Gold prices...
Gold back up above $1,900 level as dollar loses ground
Jan 18 (Reuters) – Gold reversed course to trade higher on Wednesday as the U.S. dollar pulled back from session highs and expectations of a...
China’s producer prices fall, consumer inflation slows on soft demand
PPI falls for a second month Nov PPI -1.3% y/y vs -1.3% y/y in October Nov CPI +1.6% y/y vs +2.1% y/y in October BEIJING,...
Euro zone downturn deepens, points to winter recession
Euro zone PMI fell to 23-month low in October Price pressures in 19-nation bloc remained high September German industrial orders fell more than expected LONDON,...
U.S. weekly jobless claims fall
Oct 20 (Reuters) – The number of Americans filing new claims for unemployment benefits fell unexpectedly last week, indicating the labor market remains tight even...
China’s August factory activity shrinks as orders weaken – Caixin PMI
Employees work on the production line at Jingjin filter press factory in Dezhou, Shandong province, China August 25, 2022. REUTERS/Siyi Liu Register now for FREE...