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China surprises with rate cut, US retail sales in focus
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak economy.
The dollar has gained a small safe haven bid, the antipodean currencies are sinking, and US stock futures are in the red after Monday’s solid day of gains.
Gold bulls reign supreme after conquering $2000 level
Gold prices held above the psychological $2000 level on Wednesday, hitting levels not seen in 13 months thanks to a weaker dollar and speculation around the Fed’s tightening cycle nearing an end.
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak ec...
The dollar has gained a small safe haven bid, the antipodean currencies are sinking, and US stock futures are in the red after Monday’s solid day of...
China external trade Recession inflation CPI USDJPY Japanese Yen Gold Bullion Treasury yields
Gold prices held above the psychological $2000 level on Wednesday, hitting levels not seen in 13 months thanks to a weaker dollar and speculation arou...