ECB Kocher says Europe economy shows momentum, threats price stability
Martin Kocher, Governor of the Austrian National Bank and a member of the European Central Bank (ECB), said in an interview with Bloomberg that Europe’s economy shows more momentum. At the Jackson Hole Symposium on Friday, he said that the economy has been more resilient than expected and that threats lean towards price stability. Key […]
Aon close to acquiring USI Insurance from KKR in $17 billion deal, WSJ reports
Aon close to acquiring USI Insurance from KKR in $17 billion deal, WSJ reports Source link
Gold Price Forecast: XAU/USD Holds Near $4,700 as Markets Await Fed’s Warsh Speech – CryptoRank
Gold Price Forecast: XAU/USD Holds Near $4,700 as Markets Await Fed’s Warsh Speech CryptoRank Source link
BoE’s Bailey sees muted inflation effects ahead of policy meeting
Bank of England (BoE) Governor Andrew Bailey said on Friday that he doesn’t see significant second-round inflation effects in the UK, in an interview with Bloomberg TV at the Jackson Hole Symposium. Bailey stated, “We’re seeing quite subdued second-round effects, I think we’ve seen a softening labour market for some time now,” suggesting that he […]
NASA launches powerful new Roman Space Telescope from Florida
NASA launches powerful new Roman Space Telescope from Florida Source link
Gold Price Forecast: XAU/USD hits lows sub-$4,600 as US inflation supports the Greenback – tmgm.com
Gold Price Forecast: XAU/USD hits lows sub-$4,600 as US inflation supports the Greenback tmgm.com Source link
Strong exports support KRW and KOSPI – DBS
DBS Group strategists Taimur Baig and Nathan Chow expect South Korea’s August exports to stay strong near 60% year-on-year, underpinning the outlook for the KOSPI and Korean Won (KRW) even as growth moderates from June’s peak. They also see headline and core CPI around 3%, reinforcing its view that further Bank of Korea (BoK) rate […]
5 big analyst AI moves: Downgrades for SAP and Intuit; AMD lifted to Strong Buy
5 big analyst AI moves: Downgrades for SAP and Intuit; AMD lifted to Strong Buy Source link
XAU/USD price outlook: Gold spot/US Dollar tests 0.786 arc, awaiting directional confirmation – FXStreet
XAU/USD price outlook: Gold spot/US Dollar tests 0.786 arc, awaiting directional confirmation FXStreet Source link
Undervaluation and export gains questioned – Commerzbank
Commerzbank’s Volkmar Baur challenges recent internal analysis on CNY undervaluation and exports, arguing that China’s exchange-rate management and gold purchases point to deliberate weakening. He highlights China’s outsized export and trade-surplus gains since 2019 and notes that a roughly 20% real exchange-rate advantage is unlikely to be neutral for global trade flows. Exchange-rate policy and […]
