Gold falls to near $4,450 as inflation fears and rate hike prospects weigh on demand
Gold price (XAU/USD) tumbles to around $4,460 during the early Asian trading hours on Monday. The precious metal remains under selling pressure amid a stronger US Dollar (USD), rising bond…
Read More »UBS upgrades Orlen to “neutral” as Middle East conflict boosts energy prices
Original source: https://www.investing.com/news/stock-market-news/ubs-upgrades-orlen-to-neutral-as-middle-east-conflict-boosts-energy-prices-4572903
Read More »US March PPI +2.7% vs +3.3% expected
Prior was +3.2% PPI -0.4% m/m vs +0.2% expected Ex food and energy +3.3% y/y vs +3.6% expected Ex food and energy -0.1% m/m vs +0.3% expected Ex food, energy…
Read More »UK Consumer Confidence Edges Higher in March but Remains Fragile
UK consumer confidence improved slightly in March, with the GfK Consumer Confidence Index rising to -19 from -20, marking a three-month high. Despite this modest gain, sentiment remains below the…
Read More »HFM’s Outlook 2023: UK and the Pound
UK and the Pound – 2023 Outlook This year is expected to be exceptionally challenging for the UK and its economy, with the recovery from the pandemic being overshadowed by…
Read More »Reserve Bank of Australia says the risks to financial stability have increased globally
<p>The <a href="https://www.rba.gov.au/publications/fsr/2022/oct/" target="_blank" rel="nofollow">RBA Financial Stability Review</a> has been published (link is to the full text). </p><p>Highlight Headlines via Reuters:</p><ul><li> Financial stability risks have increased globally</li><li>Markets stressed by synchronised…
Read More »Société Générale see EUR/USD to as low as 0.95 next quarter
<p>An ICYMI EUR/USD view from SG:</p><ul><li>As oil prices rose in the run-up to the GFC, both European and US terms of trade suffered, but this time around, the relative effect…
Read More »World Bank President Malpass: Russian invasion of Ukraine could trigger a global recession
Malpass was speaking at an event hosted by the U.S. Chamber of Commerce on Wednesday. Sai: “As we look at the global GDP … it’s hard right now to see how…
Read More »Precious Metals Monthly Projections With Sprott – Video
Chris sits down with Craig Hemke of Sprott Money to talk about their Precious Metals forecast and break down interest rates and oil charts. As we start the year, commodity and energy…
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