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
The Federal Reserve revised upward its economic forecast for the United States on Wednesday. The... Více
The consumer price of the U.S. increased slightly in May despite the slower growth of gasoline... Více
The measure of consumer sentiment in Australia showed a marginal increase in June on the back of... Více
The economy ministers of France and Germany had a meeting this weekend in order to talk about the... Více
China’s exports grew steadily in May by 12.6 percent, sight lower than the month of April. N... Více
The Confederation of British Industry (CBI) thinks that the UK government should shift its focus on... Více
The central bank is not in a hurry to reduce the collection of government bonds due to its stimulus... Více
Australia has sustained their growth in nearly two years in the previous quarter, sustaining 27... Více
The European Union is trying to convince the countries Canada, Japan, and Mexico to work together... Více
Private economists polled on Monday stated that the increase of tax cuts for the American economy... Více
Japan’s services sector activity rose at a sluggish pace in May than the previous month given the e... Více
Britain would only sign a trade deal with the United States if the agreement would be valuable for... Více
Zanda Kalnina-Lukasevica, Foreign Ministry’s parliamentary secretary of Latvia states that the c... Více
China’s manufacturing sector grew at a steady pace in May given the improvement in production and d... Více
The two Italian anti-government political organizations, 5-Star Movement and League Party said on... Více
Japan's industrial output did not meet expectations for the month of April according to data on... Více
The US economy demonstrated growth during the first quarter of 2018, but the results showed... Více
Ficci issued a report today showing that GDP growth of India is projected at 7.1 percent for the... Více
The consumer confidence bounced higher in May but households are skeptical regarding the outlook of... Více
The jobless rate of Japan has remained the same in April, as well as the job openings according to... Více
According to PwC, drones are predicted to increase British economy by £42 million in 2030 since the ... Více
On Monday, Japan’s Prime Minister Shinzo Abe stated that he would try to persuade U.S President D... Více
The People’s Bank of China adjusted their rates higher on the 28-day reverse bond repurchase a... Více
Net external assets of Japan declined for three consecutive years in 2017 following the increase of... Více
Based on the survey released on Friday, UK households became less confident this month relative to... Více
China already has plans to reduce tariffs on imports of some consumer products from food and... Více
The data from the Ministry of Trade and Industry showed that manufacturing remained to be the major... Více
Singapore’s Inflation in the previous month was lower than expected because of the slow rate of p... Více
The European bloc confirmed yesterday the start of free trade negotiations with Australia and New... Více
Japan’s central bank Governor Haruhiko Kuroda plans to tell the market its goal of ending the e... Více
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