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