Jan 24 (Reuters) – Gold prices inched lower on Wednesday as strong U.S. economic data doused hopes for early interest rate cuts by the Federal…
French groups are starting to relocate… in Europe
In 2023, 28% of French companies with more than 250 employees brought relocation actions in Europe, compared to only 3% in 2022. This notable development,…
Gold prices set for worst week in over a month
Yellow metal has seen a 1.2 percent decline over the week In the wake of a stronger U.S. dollar and higher Treasury yields, gold is…
Gold Price Forecast – Gold Markets Looked to Be Finding Some Type of Floor
Gold markets have been looking for a bit of stability during the early hours on Thursday as we continue to see the $2000 level exert its influence.
Gold Price Forecast – Gold Continues to Test The 50-day EMA
The gold market has fallen initially during the trading session on Wednesday, but it looks as if the 50-Day EMA is going to continue to…
Oil remains depressed with OPEC report looking ahead to 2025
Oil prices are remaining depressed this week and throughout this Wednesday with the monthly OPEC report unable to trigger any changes. It gets even worse when…
Dollar at one-month high as rate cut expectations ease on Fedspeak
The dollar index hovered at a one-month high against a basket of currencies on Wednesday as remarks by Federal Reserve Governor Christopher Waller dampened expectations for a…
Chinese yuan weakens to 7.1084 against USD Monday
BEIJING, Jan. 15 (Xinhua) — The central parity rate of the Chinese currency renminbi, or the yuan, weakened 34 pips to 7.1084 against the U.S.…
Gold Weekly Price Forecast – Gold Markets Bounce After Initial Selloff
Gold markets have fallen significantly during the course of the week, reaching down toward the $2000 level, showing signs of life again. Gold Markets Weekly…
WTI rises as US, UK attack Iran-backed Houthi’s targets, trades near $73.50
West Texas Intermediate (WTI) price rises on the second consecutive day, driven by heightened concerns over potential oil supply disruptions in the Red Sea. Air…