Australia unemployment rate seen steady in March amid hawkish RBA stance

Australia unemployment rate seen steady in March amid hawkish RBA stance

Australia will publish the monthly employment report for March on Thursday at 01:30 GMT, and market participants expect a modest increase in job creation. The Australian Bureau of Statistics (ABS) is expected to announce that the country added 20K new jobs in the month, while the Unemployment Rate is forecast at 4.3%, unchanged from February. […]

Gold slips below $4,800 as risk appetite drains safe-haven demand anew

Gold slips below ,800 as risk appetite drains safe-haven demand anew

Gold price retreats during the session, down nearly 1%, as risk appetite improves and flows rotate toward US equities, pushing the S&P 500 index past the 7,000 figure, poised to test the all-time high at around 7.014. At the time of writing, XAU/USD trades below $4,800 after reaching a peak of $4,871. Bullion eases as […]