Gold ends the week with a drop, reaching the lowest level in the last three years. The market value of the precious metal has been declining throughout the week and has lost more than 4% of its value. Spot gold is currently trading at $2,561 per ounce.Experts believe that the decline in the value of gold is due to a strong dollar and expectations of a stricter US monetary policy under Trump. Also, high interest rates make gold less attractive to investors.Comments by Fed Chairman Jerome Powell, ... Read More
On Wednesday, American futures fell after US President Donald Trump again threatened to increase... Read More
Today world stocks reached two-year highs, as investors still believe that the US and China will be... Read More
Morgan Stanley’s economists believe that a recovery in global growth will occur in the first q... Read More
US industrial production fell 0.8% in October from the previous month. Analysts forecasted a... Read More
The trade talks between US and China were again in limbo, as the parties still disagree on a number... Read More
Yesterday in a speech to the Economic Club of New York US President Donald Trump announced the... Read More
After more than 6 years of negotiations, a group of 15 Asia-Pacific countries is going to sign the... Read More
Oman’s energy minister Mohammed bin Hamad al-Rumhy said today, that OPEC and non-OPEC producers w... Read More
Gold prices continue to show the worst performance over the past two years, responding to positive... Read More
The European Central Bank said in its economic bulletin, that the eurozone economy will continue to... Read More
Market players are again thrilled by the news: China is insisting on the abolition of additional US... Read More
Based on trading session data, the price of gold went up during the evening trading. The current... Read More
According to the official results released on Monday, the services sector in China slowed down for... Read More
Australian consumer sentiment weakened in September as they worry on modest recovery in the housing... Read More
The 30-yield US Treasury yields plunged to an all-time low as people get wary of recession and... Read More
Japan’s core inflation dropped at a two-year low in July that puts pressure to the central bank as t... Read More
The US price imports grew unexpectedly in July even if the main trend remains weak amid subdued... Read More
Oil prices slid down on Wednesday from recent big losses with Sino-US trade war that affects the... Read More
There has been volatility in the market over the past trading hours as traders weigh the progress... Read More
On Tuesday, the Reserve Bank of Australia adjusted their rates at an all-time low at 1% which was... Read More
The German retail sales grew in June, exceeding the figures over 12 years. Also, data on... Read More
Eurozone’s economic standing in July did not get better, not surprisingly given the negative s... Read More
The industrial sector of China dropped in June after short-lived gains, which raises concerns that... Read More
Markets were signaled for more easing after the European Central Bank meeting on Thursday. This... Read More
The exports of Japan dropped for six consecutive months in May, particularly semiconductor... Read More
The central bank of Japan maintained its monetary policy on Thursday. Moreover, they elucidated... Read More
Bank of England Governor Mark Carney expects a steady slower pace economic growth globally but... Read More
Inflation in India increased slightly in January but still below the target of the central bank for... Read More
The US Federal Reserve shift their monetary policy into slightly hawkish than the expected neutral... Read More
Japanese activity in the Japanese sector grew in January because of an increase in domestic demand... Read More
