The US economy has defied the Iran war so far: Can it last?
More than three months after the start of the Iran war and the resulting disruption to global energy markets, the US economy continues to display remarkable resilience.
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Gold Price Forecast: Downside risks remain intact for XAU/USD amid a Bear Cross
Gold returns to the red in Asia on Friday, following a temporary short-covering rally above $4,200 seen a day ago. The bright metal is set to book a second consecutive weekly loss, having tested the year-to-date (YTD) lows near the $4,000 threshold earlier in the week.
6.5% producer inflation: The problem rate hikes can’t solve
Part one of this series closed on a single question: whether the pipeline agrees with the pump. Thursday answered it emphatically.
The ECB dilemma: Higher inflation, weaker growth and no clear rate path
The European Central Bank (ECB) raised interest rates on Thursday as the war in Iran and energy disruptions revive inflationary pressures in the Eurozone.
Indonesia surprise rate hike may not be enough to save the Rupiah
The surprise rate hike from Bank Indonesia, aimed at protecting the Indonesian Rupiah from sliding further, seems to have worked for now. The rate increase definitely helps, but there’s more work to do if Jakarta wants to ease investors’ concerns for good.
$4000 at risk: Gold sellers refuse to give up amid hot US inflation, Mideast tensions
Gold pauses its recovery from seven-month lows of $4,024 in Wednesday’s Asian trading, after facing fresh offers above the $4,100 level. Gold sellers refuse to give up despite the continued hostilities in the Middle East.