Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), fell to 2.6% annually in August from 3.3% in July, the U.S. Bureau of Labor Statistics (BLS) reported on Wednesday. This figure was lower than market expectations of 3.3%. The United States will release its August Producer Price Index (PPI) on Wednesday. The report, compiled by the Bureau of Labor Statistics (BLS), will be released one day before the Consumer Price Index (CPI) for the same month, scheduled for Thursday. Both indexes measure inflation, with the CPI focusing on the total...
Gold remains near its record high as expectations of a Fed interest rate cut and global uncertainty drive safe-haven demand.However, the market is becoming cautious due to overbought conditions. Friday's NFP data is expected to be key to gold's next direction: whether it will continue to rally or experience a correction.The gold price at the time of writing was $3,538/Toz.DISCLAIMERNote: This article is analytical only and is not a definitive reference. Consider fundamental and technical developments in trading before making investment decisions. (ayu)Source: Newsmaker.id
Silver prices are currently down from a 14-year high touched earlier this week. Corrective pressure emerged after a prolonged rally fueled by expectations of a Federal Reserve interest rate cut and increased safe-haven demand amid global fiscal uncertainty. Investors are likely taking profits while awaiting clarity on the direction of US monetary policy, particularly regarding the potential for a rate cut at the upcoming meeting. Despite the correction, silver's medium-term outlook remains relatively strong. Rising geopolitical risks, global trade tensions, and surging industrial demand,...
The global gold price has once again made history, breaking a new record high of US$3,546 per ounce in trading on Wednesday (September 3) morning. This surge was triggered by growing expectations of a Federal Reserve (The Fed) interest rate cut, a weakening US dollar, and a surge in investor funds flowing into safe-haven assets. The market believes the US central bank is highly likely to cut interest rates at its September meeting. A looser monetary policy has weakened the US dollar and increased gold's appeal as a hedge. President Donald Trump's pressure on the Federal Reserve and...
Oil prices rose slightly amid geopolitical tensions, particularly the Ukraine attack on Russian refineries that has strained supply, as well as low inventories in the US.However, the global demand outlook is weak due to the US trade war and the risk of an economic slowdown. The market is awaiting the OPEC+ decision later this week, which is expected to maintain stable supply.Oil prices at the time of writing were at $68.86DISCLAIMERNote: This article is analytical for analytical purposes only and is not a definitive reference. Consider fundamental and technical developments in trading before...
Gold prices (XAU/USD) strengthened on a combination of bets on a Fed rate cut this month and a weaker US dollar, which has depressed real yields and increased the appeal of zero-coupon assets. The dovish tone from Fed officials and the PCE data, which met expectations, kept the likelihood of a 25 bps cut high. On the sentiment side, concerns about the Fed's independence and uncertainty regarding US tariffs also fueled hedging demand. Inflows into gold-backed ETFs and continued central bank buying added to fundamental support. Source: Newsmaker.id
China's official NBS Manufacturing PMI increased to 49.7 in June 2025 from May's 49.5, matching market expectations while marking the third consecutive month of contraction in factory activity.
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Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
Poland shot down a drone in its airspace on Wednesday with the support of military aircraft from its NATO allies. This is the first time a member of the Western military alliance is known to have...