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... Read More
The projection of Goldman Sachs shows extreme financial losses which have the tendency to slow down... Read More
The confidence of Japanese manufacturers has had a huge drop in February following a high reading... Read More
The jobless rate in France had decline generally, but there are no immediate solutions for skill... Read More
The Japanese economy should have recovered following the decline of stocks and strengthening of yen... Read More
After seven years, the economic growth of the Eurozone increased faster compared with the British... Read More
China could possibly reduce its efforts to control risks within the financial sector to secure the... Read More
The Bank of Japan Governor, Haruhiko Kuroda, emphasized the necessity of the nation to have a... Read More
Local governments of Beijing were pressured to settle their financial problems while a new rule on... Read More
The US administration is working out the details of its investment plan towards America’s weakening ... Read More
Both producer and consumer inflation abated as anticipated for the month of January despite the... Read More
The U.S. Federal Reserve will gradually adjust their current accommodative monetary policy and push... Read More
The central bank of South Korea would maintain their accommodative monetary policies because of low... Read More
Japanese wages drop in December at its quickest rate in five months. This also implies that... Read More
The Canadian economy had an unfavorable situation in the previous year. The trade data was... Read More
The National Institute of Economic and Social Research (Niesr) assessed that the British economy... Read More
The People’s Bank of China announced to sustain a neutral monetary policy for this year with a s... Read More
The Monetary Authority of Singapore has been doing thorough research in risks associated with... Read More
The decline of the stock market on Monday did not cause a significant impact on the American... Read More
Japan’s central bank has to sustain the ultra-loose monetary policy, as the current progress is s... Read More
The Australian economy is currently involved in reflation wherein economic growth and inflation... Read More
The eurozone economy rose in a decade last year, which has been the quickest rate and its momentum... Read More
The updated forecast of the Atlanta Fed shows that US economy is progressing to reach significant... Read More
The manufacturing data from Japan progressed at a quicker pace in almost four years in January with... Read More
New Zealand is planning to gauge its economic growth through cultural, environmental and social... Read More
A slower growth in the manufacturing sector of China was less than expected this January due to an... Read More
The EU economy was able to increase at its fastest pace after a decade, highlighting the surge of... Read More
The Mexican economy bounced off in the last quarter of 2017 as it was pushed higher by the... Read More
On Monday, the growth outlook for Germany was revised upward by the government, with a forecast of... Read More
Trading relations between Britain and European Union is still uncertain, which poses risk to... Read More
The United Nations Conference on Trade and Development (UNCTAD) reported that direct investments... Read More
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