China new home prices continue their slump. Despite all the support measures being provided for the sector recovery is not yet in sight. On a
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Gold price secures third week of gains, holds above $2,400
Gold price sticks to key support level, set for third consecutive weekly gain on Fed rate cut expectations. US PPI rises above estimates; University of
Forexlive Americas FX news wrap 12 Jul: PPI not as friendly as the CPI
Yesterday, the US CPI was a friendly number as it came in lower than expectations. Today, the PPI data was the exact opposite. The headline
Ready to take all possible means on forex
Japanese Chief Cabinet Secretary Yoshimasa Hayashi said on Friday that he is “ready to take all possible means on forex.” Additional quotes No comment on FX
Fed's Cook sees US soft landing: lower inflation, no significant jobless rise
Federal Reserve Board Governor Lisa Cook speaking on “Global Inflation and Monetary Policy Challenges” before the 2024 Australian Conference of Economists more to come This
New Zealand’s RBNZ looks set to stand pat with no signs of near-term rate cuts
The Reserve Bank of New Zealand is expected to keep rates on hold at 5.50{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea} on Wednesday. Upside risks to inflation to offset economic concerns,
AUDUSD moves to next target level & finds sellers. Modest selling pushes to close support
The AUDUSD has been trading up and down today after last week’s move higher. The run higher today extended up to a new high going
Gold rises sharply to six-week high on dismal US labor market data
Gold price leaped over 1{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea} to $2,385, spurred by mixed US NFP data and heightened Fed rate cut speculation. June NFP surpasses forecasts, yet revisions