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