On Thursday gold prices fell from the key resistance level due to the decreasing demand for the metal as a safe amid waning fears over intensifying conflict in Eastern Europe.
On Thursday gold prices fell from the key resistance level due to the decreasing demand for the metal as a safe amid waning fears over intensifying conflict in Eastern Europe.
The updated U.S. data was published on Tuesday, and its figures disclosed a fact that lower levels of consumer price inflation from the previous week weren’t a one-shot.
American billionaire investor and hedge fund manager Ray Dalio spoke out on the current relationship between the United States and China.
On Tuesday, Robert Holzmann said that the ECB will continue to raise interest rates.
Patrick Harker, president of the Federal Reserve Bank of Philadelphia, said that his expectation for officials is to slow the pace of interest rate rises.
The Federal Reserve Bank of Dallas has released a study saying that U.S. home prices are likely to decline by 20% due to a sudden and quite tangible increase in mortgage rates.
Home Depot Inc. revenues and profits have exceeded expectations due to home improvement projects that accumulated during the pandemic.
According to the governor of the Chinese central bank Yi Gang, the negotiations with the US Treasury Secretary Janet Yellen on Wednesday were very constructive. They took place sometime after the heads of the United States and China met to reset relationships.
The Reserve Bank of Australia (RBA) led by Philip Lowe managed to accelerate wages growth for the first in a long time, while the country’s economy faced record levels of inflation over the last thirty years.
Australia should continue to tighten monetary and fiscal policy to help soften domestic demand and curb inflation expectations, the International Monetary Fund said.