Australian February CPI: Core (trimmed mean) 3.3% y/y (vs. expected 3.4%)
CPI for February slightly lower than expected both headline and underlying (core). Australian shares have added to gains. March, of course, has brought fuel price surges. We’ll get that news…
Read More »Iran denies any talks with US following Trump’s remarks
Iran’s Foreign Minister, Abbas Araghchi, stated that there was “no dialogue” between Tehran and Washington. Meanwhile, Iranian Parliament Speaker Mohammad Bagher Ghalibaf said in a social media post on Monday…
Read More »PBOC is expected to set the USD/CNY reference rate at 6.8928 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most…
Read More »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 »Trump: We are very close to meeting our objectives in Iran
Here is the latest from Trump: We are getting very close to meeting our objectives as we consider winding down our great Military efforts in the Middle East with respect…
Read More »Silver Price Forecast: XAG/USD plunges, clearing key levels below $70
Silver price (XAG/USD) retreats late in the North American session, down by over 6.80% in the day, poised to finish the week with losses of more than 15.70%, posting its…
Read More »Canada January retail sales +1.1% vs +1.5% expected
Prior was -0.4% This article was written by Adam Button at investinglive.com.
Read More »US Dollar gains momentum to near 99.50 amid Fed hawkish hold, Middle East tensions
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.40 during the Asian trading hours on…
Read More »investingLive Americas market news wrap: Big market moves in oil, gold and FX
Trump: He thought impact of Iran would be worse, will be over with soon Netanyahu: Won’t put a stopwatch, but it will end much sooner than people think BOE leaves…
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investingLive Americas market news wrap: Nowhere to hide
Trump says reopening Hormuz “a simple military manoeuver” with “so little risk” US made detailed preparations for potential ground troops in Iran – report US assessment: Iran could keep Hormuz…
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