Climbs above $80 as bulls eye weekly high

Climbs above  as bulls eye weekly high

Silver (XAG/USD) price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar (USD) weakness and falling Oil prices. At the time of writing, XAG/USD trades at $80.72, after bouncing off daily lows of $78.16. XAG/USD Price Analysis: Technical outlook Silver is testing the weekly […]

Export slowdown but outlook bright – ING

Export slowdown but outlook bright – ING

ING’s Chief Economist for Greater China, Lynn Song, notes that Taiwan’s April trade data showed slower export and import growth versus expectations, with the trade surplus easing to USD14.35bn. Semiconductor and machinery exports remained strong, while higher Oil prices started to lift import values. ING still expects robust trade momentum and sees upside risks to […]

War risks reshape growth outlook – Rabobank

War risks reshape growth outlook – Rabobank

Rabobank strategists assess how the US and Israel’s war against Iran could affect China. They note higher Oil and gas prices and global cost-push inflation, but argues China’s inflation is unlikely to force PBOC tightening. However, Rabobank cuts China’s 2026 Gross Domestic Product (GDP) forecast to 4.5%, with higher inflation and unemployment expected. War-driven shocks […]