Gold prices soared on Tuesday in Asian trading, approaching the highest levels. The growth was triggered by expectations of a reduction in interest rates by the Fed in September. Spot gold rose 0.2% to $2,427.77 per ounce, while gold futures with an expiration date in August rose 0.1% to $2,432.30 per ounce.Weak inflation data and dovish signals from the Fed are fueling investor confidence in an imminent rate cut. Traders have almost completely ruled out the possibility of keeping rat... Прочетете още
Germany’s economy had a strong growth amid weak data from the largest economy in Europe earlier in 2... Прочетете още
The retail sales volume in New Zealand had expanded during Jan-Mar period but also recorded its... Прочетете още
The factory output in the U.S. increased in April despite the low output on manufacturing and... Прочетете още
Consumer prices in Japan had increased by 0.7 percent in the previous month, according to the data... Прочетете още
The U.S. building permits dropped in April, indicating the housing market is trying to keep afloat... Прочетете още
According to the Standard & Poor's chief economic policymaker assessment on Thursday, the South... Прочетете още
The largest economy cooled down sharply in the first quarter despite the onset of flu and strikes,... Прочетете още
The French economy is projected to expand by 0.3 percent during the period of April-June, this... Прочетете още
The industrial output of China rose to 7.0 percent in April compared last year which has been... Прочетете още
US Commerce Secretary Wilbur Ross is hoping to witness a development to lessen the significant gap... Прочетете още
Interest will probably increase by the end of the year, according to Bank of England Governor, Mark... Прочетете още
The interest rates were kept steady by the Bank of England on Thursday after an unexpectedly weak... Прочетете още
Germany intends to employ higher-than-anticipated tax revenues to increase investment in the... Прочетете още
Japan’s Inflation on consumer real wages adjusted higher in March for the first time in since D... Прочетете още
The consumer economy of Britain was unable to bounce back in April due to snowy weather that... Прочетете още
The central bank of Turkey intends to maintain their current monetary policy until inflation in... Прочетете още
The American economy showed unexpected strength but the robust labor market did not trigger major... Прочетете още
The German Industrial orders contracted unexpectedly in March. This has been the third consecutive... Прочетете още
Bank of Japan policymakers advised about the premature debate about the withdrawal from the... Прочетете още
The non-manufacturing business in America declined in April but the overall growth over 8 years... Прочетете още
Trade surplus in Australia expanded to its 10-month highs in March due to increase in resource... Прочетете още
Interest rates were kept steady by the Federal Reserve and confidently saying that recent inflation... Прочетете още
The European economy slackened in the first quarter of this year but was able to surpass Britain,... Прочетете още
The services sector in Japan rose at the quickest rate in first half of the year due to more demand... Прочетете още
Household borrowing in Britain fell to its lowest level after 5 ½ years in March. On Tuesday, ... Прочетете още
The service industry in China rose for the month of April based on the official survey on Monday,... Прочетете още
The Lloyds Bank survey indicates that British firms are very optimistic towards its economy. More... Прочетете още
France, the euro zone’s second-biggest economy, unexpectedly slowed down a bit in the first quarter ... Прочетете още
Italian caretaker government already established its updated multi-year economic plan on Thursday.... Прочетете още
The Bank of Canada governor Stephen Poloz said the nation is moving toward a positive note after... Прочетете още
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