Gold slips ahead of major data
On Monday, gold was nearly intact, decreasing a bit because traders waited for a batch of major American economic data along with an appearance from Fed Chair Jerome Powell…
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American wholesale inventories report the largest leap for five years
In December, American wholesale inventories tacked on by the most for over five years because sales kept diving, hinting at an unintended piling up of products at wholesalers, which could be indicating a deceleration in demand…
Evergreen buck loses momentum
On Monday, the major US currency went down because expectations for a trade pact between China and America ramped up investor appetite for risky assets, including stocks as well as emerging market currencies…
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Evergreen buck heads south on remarks from Fed’s Williams
On Friday, the major US currency slipped because New York Federal Reserve President John Williams told that the correlation between inflation and employment is already kicking…
Gold tacks on as investors eye trade deal progress
On Friday, gold surged finding itself on track for a 0…
German business confidence heads south to 5-year minimum in February
In February, German business confidence reached hit its weakest value for almost five years without any signs of a turnaround yet in sight, as follows from a closely-watched business poll published on Friday…
Gold reports its biggest daily tumble for 6 months
On Thursday, gold faced its most impressive daily dive for six months right after it had been reported that China and America were demonstrating huge progress in resolving their long lasting trade conflict…
Dismal American data underscores soaring headwinds to US economy
In December, new orders for major American capital goods suddenly slumped in the face of decreasing demand for machinery as well as primary metals, indicating a sustained deceleration in business spending on equipment, which could further impact economic…
Evergreen buck is intact after dismal data
On Thursday, the major US currency rebounded from its unexpected dive following dismal economic data that sparked fears about the strength of the American economy and also backed the Fed’s intention to leave rates on hold in the nearer future…
American mortgage requests head north as loan rates keep to 10-month minimum
American mortgage applications tacked on for the first time for five weeks because most home borrowing costs kept to their lowest value for 10 months…
Bitcoin rebounds from $4k
Having hit $4,000 for the first time for six weeks on expectations that the US Securities and Exchange Commission will soon approve investment vehicles, which would broaden Bitcoin’s appeal, the number one crypto assets rebounded on Wednesday…