Gold prices soared on Tuesday in Asian trading, approaching the highest levels. The growth was triggered by expectations of a reduction in interest rates by the Fed in September. Spot gold rose 0.2% to $2,427.77 per ounce, while gold futures with an expiration date in August rose 0.1% to $2,432.30 per ounce.Weak inflation data and dovish signals from the Fed are fueling investor confidence in an imminent rate cut. Traders have almost completely ruled out the possibility of keeping rat... Прочетете още
Japan’s services sector activity had slightly slowed down in July compared to the month of June, c... Прочетете още
The central bank of Mexico is presumed to keep their interest rates strong following a strong climb... Прочетете още
According to a survey on Wednesday, stronger new orders and increased in output supported the... Прочетете още
Japanese manufacturing activity is slower than the July forecast as reported on Wednesday which... Прочетете още
The factory activity of South Korea declined for the fifth time in July and recorded as the worst... Прочетете още
The survey on top economists shows that experts are expecting for the Bank of England to lift its... Прочетете още
Indonesia’s annual inflation rate in July will probably rise slightly because of higher food costs a... Прочетете още
US Treasury Secretary Steven Mnuchin stated his growth outlook for the American economy, he... Прочетете още
U.S. economic advisor Larry Kudlow anticipates that the GDP for the second quarter will have a... Прочетете още
With the global uncertainty concerns, the European Central Bank is expected to have a... Прочетете още
The BRICS (Brazil, Russia, India, China and South Africa) leaders will have a three-day meeting in... Прочетете още
India and Uganda made a deal to expand bilateral cooperation in terms of defense and economy after... Прочетете още
Consumer confidence in the eurozone remained the same in July, signifying steadfast growth in the... Прочетете още
The Deutsche Bundesbank assessed that the American economy would likely take advantage of the steep... Прочетете още
China’s registered unemployment rate for the urban category dropped to 3.83 percent at the latter d... Прочетете още
Germany increased its economic sanctions against Turkey and eased down its travel advisory as... Прочетете още
The Leading Economic Index by the Conference Board was able to expand by a half percent this month,... Прочетете още
The annual exports of Thailand forecast an increase of 9.50 percent in June after a sluggish rate... Прочетете още
The provincial economies of New Zealand were able to drive economic growth, reinforcing the price... Прочетете още
The strong economic growth of the United States will help the central bank to maintain its gradual... Прочетете още
Income growth in Britain showed down at its weakest rate in six months despite positive figures in... Прочетете още
The 1950-53 Korean War ended under the Presidency of South Korean leader Moon Jae-in and... Прочетете още
The Annual inflation rate of Malaysia declined to 1.3 percent in June from 1.8 percent the month... Прочетете още
China’s economic performance slackened during the quarter ending in June, which increased c... Прочетете още
The economy of Ireland is projected to reach its highest record in 2018 based on the latest outlook... Прочетете още
Growth forecast of China increased this year, which is unexpected amid the escalating trade war... Прочетете още
The World Bank issued the updated economic figures for previous year which showed that India held... Прочетете още
The economy of Singapore progressed at a slower rate in the second quarter with the manufacturing... Прочетете още
The assessment for Australian consumer sentiment climbed to its highest level since late July 2013... Прочетете още
The British economy has gained track in May after its slowdown in early 2018, based on the official... Прочетете още
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