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... Více
Japan’s services sector activity had slightly slowed down in July compared to the month of June, c... Více
The central bank of Mexico is presumed to keep their interest rates strong following a strong climb... Více
According to a survey on Wednesday, stronger new orders and increased in output supported the... Více
Japanese manufacturing activity is slower than the July forecast as reported on Wednesday which... Více
The factory activity of South Korea declined for the fifth time in July and recorded as the worst... Více
The survey on top economists shows that experts are expecting for the Bank of England to lift its... Více
Indonesia’s annual inflation rate in July will probably rise slightly because of higher food costs a... Více
US Treasury Secretary Steven Mnuchin stated his growth outlook for the American economy, he... Více
U.S. economic advisor Larry Kudlow anticipates that the GDP for the second quarter will have a... Více
With the global uncertainty concerns, the European Central Bank is expected to have a... Více
The BRICS (Brazil, Russia, India, China and South Africa) leaders will have a three-day meeting in... Více
India and Uganda made a deal to expand bilateral cooperation in terms of defense and economy after... Více
Consumer confidence in the eurozone remained the same in July, signifying steadfast growth in the... Více
The Deutsche Bundesbank assessed that the American economy would likely take advantage of the steep... Více
China’s registered unemployment rate for the urban category dropped to 3.83 percent at the latter d... Více
Germany increased its economic sanctions against Turkey and eased down its travel advisory as... Více
The Leading Economic Index by the Conference Board was able to expand by a half percent this month,... Více
The annual exports of Thailand forecast an increase of 9.50 percent in June after a sluggish rate... Více
The provincial economies of New Zealand were able to drive economic growth, reinforcing the price... Více
The strong economic growth of the United States will help the central bank to maintain its gradual... Více
Income growth in Britain showed down at its weakest rate in six months despite positive figures in... Více
The 1950-53 Korean War ended under the Presidency of South Korean leader Moon Jae-in and... Více
The Annual inflation rate of Malaysia declined to 1.3 percent in June from 1.8 percent the month... Více
China’s economic performance slackened during the quarter ending in June, which increased c... Více
The economy of Ireland is projected to reach its highest record in 2018 based on the latest outlook... Více
Growth forecast of China increased this year, which is unexpected amid the escalating trade war... Více
The World Bank issued the updated economic figures for previous year which showed that India held... Více
The economy of Singapore progressed at a slower rate in the second quarter with the manufacturing... Více
The assessment for Australian consumer sentiment climbed to its highest level since late July 2013... Více
The British economy has gained track in May after its slowdown in early 2018, based on the official... Více
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