XAG/USD struggles to build momentum above $60.00

XAG/USD struggles to build momentum above .00

Silver (XAG/USD) trades with modest gains on Wednesday, supported by a slight pullback in the US Dollar (USD). However, the metal lacks strong upside momentum as traders weigh energy-driven inflation risks and their impact on the Federal Reserve’s (Fed) interest-rate outlook. At the time of writing, XAG/USD trades around $59.90 after hitting a two-week high […]

Fiscal execution to support growth – Standard Chartered

Fiscal execution to support growth – Standard Chartered

Standard Chartered economists Carol Liao and Shuang Ding argue that China’s July Politburo meeting will prioritise implementation of existing fiscal plans over new stimulus. They expect fiscal execution to accelerate in H2 after a marked slowdown following front-loaded Q1 spending. Infrastructure investment is likely to rebound, with spending increasingly directed toward AI-related and green-transition projects […]

Wait-and-see stance holds – Societe Generale

Wait-and-see stance holds – Societe Generale

Societe Generale economist Sam Cartwright analyzes June United Kingdom (UK) inflation, noting headline Consumer Price Index (CPI) at 2.6% year-on-year, below Bank of England (BoE) projections, with core inflation steady at 2.6%. The report highlights fuel-driven disinflation, limited indirect energy effects, and only modest expected core inflation increases. Cartwright forecasts Bank Rate staying at 3.75% […]