Gold News: Rally Stalls as Fed Rate Bets Weigh on XAUUSD – FXEmpire
Gold News: Rally Stalls as Fed Rate Bets Weigh on XAUUSD FXEmpire Source link
Weak PMIs and higher inflation forecasts – Rabobank
Rabobank’s Senior Macro Strategist Teeuwe Mevissen reports that Eurozone growth indicators have deteriorated, with French and German PMIs signaling contraction and the German IFO near a five-year low. The European Commission has cut its GDP projections and raised inflation forecasts for the EU and Eurozone. Mevissen stresses the policy dilemma for the ECB and expects […]
European steel output falls 2.6% as recovery stalls
European steel output falls 2.6% as recovery stalls Source link
Gold Price Forecast: XAU/USD keeps looking for direction above $4,500 – FXStreet
Gold Price Forecast: XAU/USD keeps looking for direction above $4,500 FXStreet Source link
Australian Dollar slumps against US Dollar as hawkish RBA bets fade
The Australian Dollar (AUD) is down 0.25% to near 0.7130 against the US Dollar (USD) during the European trading session on Friday. The Aussie pair faces intense selling pressure as fading hawkish Reserve Bank of Australia (RBA) bets, following the release of the weak Australian employment data for April, have diminished the appeal of the […]
Standard Chartered CEO apologizes for AI job cut remarks
Standard Chartered CEO apologizes for AI job cut remarks Source link
Gold (XAUUSD) & Silver Price Forecast: Gold Breaks $4,520 Channel as Silver Rejects $76 — More Downside Ahead? – FXEmpire
Gold (XAUUSD) & Silver Price Forecast: Gold Breaks $4,520 Channel as Silver Rejects $76 — More Downside Ahead? FXEmpire Source link
Germany’s IFO Business Climate unexpectedly improves to 84.9 in May vs. 84.2 estimates
The German IFO Institute Business Climate Index has unexpectedly improved to 84.9 in May, while it was expected to arrive lower at 84.2. The sentiment data in April has been revised higher to 84.5 from 84.4. The IFO Current Assessment Index also arrives higher at 86.1 from 85.4 in April. It was expected to drop […]
CVC shares rise 3.3% on Recordati tender offer launch
CVC shares rise 3.3% on Recordati tender offer launch Source link
Gold (XAU/USD) Price Forecast: Momentum Builds Inside Tightening Range – FXEmpire
Gold (XAU/USD) Price Forecast: Momentum Builds Inside Tightening Range FXEmpire Source link
