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
South Korea’s economy had rallied in the previous quarter as health exports were buoyed, government ... Прочетете още
The U.S. economy strengthens following the rebound of the U.S. consumer confidence and... Прочетете още
The economic forecast of German government slid down to 2.3 percent from the previous 2.4 percent... Прочетете още
The consumer prices have weakened in the previous quarter as core inflation lower than the central... Прочетете още
Singapore’s inflation remained subdued in the previous month due to a gradual increase in prices of ... Прочетете още
The central bank of Iran has prohibited trading of cryptocurrencies including Bitcoin due to money... Прочетете още
Manufacturing activity in Japan grew at a faster pace this month compared in March, considering... Прочетете още
Japan apprised its G20 equivalent saying that protectionism and interchange of retaliatory measures... Прочетете още
Economic growth of Germany has the tendency to slow down gradually in Q1, however, the upswing in... Прочетете още
Following a loose monetary policy for a decade, the Federal Reserve will probably increase their... Прочетете още
The jobless rate in Australia was unchanged in March compared with the revised forecast in the past... Прочетете още
The International Monetary Fund issued its two-yearly assessment for New Zealand and showed that... Прочетете още
China’s economy advanced at a slightly faster-than-anticipated rate of 6.8 percent in the first q... Прочетете още
The recent forecasts show that economic data continue to feel the impact of the cold weather... Прочетете още
The annual inflation in Malaysia is anticipated to rise by 1.6 percent in March which has risen to... Прочетете още
Chinese economy slowed down gradually in Q1 due to government struggle over credit and financial... Прочетете още
China’s exports dropped unexpectedly in March which has been drop over a year since February 2017. T... Прочетете още
Based on the survey of company directors, the optimism on the British economy has improved compared... Прочетете още
The central bank of South Korea kept their interest rates unchanged on Thursday as Governor Lee... Прочетете още
The new Chairman of the Fed Reserve, Jerome Powell officiated the interest rate hike in March... Прочетете още
The Japanese core machinery climbed higher unexpectedly for the month of February, for a second... Прочетете още
The industrial output of Italy suddenly weakened in February which further showed signs that growth... Прочетете още
Following the weakened data from the eurozone economic indicators, the European Central Bank does... Прочетете още
Asset bubble in Tokyo could be reversed for a long run since the economic expansion in the 1980s as... Прочетете още
According to National Economic Council Director Larry Kudlow, US President Donald Trump... Прочетете още
The central bank of Colombia is not yet certain of food price increase in the second half of the... Прочетете още
India and Sweden joined hands in pioneering seed money to support start-ups in some sectors, said... Прочетете още
The service sector in Japan grew at a slower manner in the period of one year and five months with... Прочетете още
Other concerns affiliated with financial institutions especially on Shadow banking risks in China... Прочетете още
Consumer spending in South Korea declined to its record low in 2017 alongside the dull employment... Прочетете още
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