The University of Michigan consumer sentiment for the US dropped to 55.4 in September 2025, down from 58 in August and well below market expectations of 58, according to preliminary estimates. This marked the second consecutive monthly decrease, pushing sentiment to its lowest level since May. The current conditions index deteriorated to 61.2 from 61.7 and the expectations gauge fell to 51.8 from 55.9. Meanwhile, year-ahead inflation expectations held steady at 4.8% while the five-year expectations moved up for the second straight month to 3.9% from 3.5%. Source : Trading Economics
Gold prices are steady in the $2018 range in Europe and ahead of US Inflation data.Investors weigh Trump's latest move to ease his trade war threat against Ontario just hours after saying he would double tariffs on Canadian steel and aluminum to 50%. The president also downplayed the risk of a recession caused by tariffs. Source: Newsmaker.id
Gold edged up early in the Asian session, supported by concerns about a global economic slowdown that could be triggered by tariffs. President Trump on Tuesday threatened to double tariffs on Canadian metals, but later backed off the threat after the province of Ontario dropped a surcharge on electricity bound for the U.S. There are growing concerns about a potential economic slowdown in the U.S., FlowCommunity's Ruben Ferreira said in an email. Source: Newsmaker.id
Gold prices moved above the $2900 area during the European session on Tuesday (11/3).This was supported by the effect of the headline from the leaders of the German Green coalition, who said this morning they had given the green light to a defense spending deal. That boosted confidence in the Euro (EUR) and triggered a new decline in the US Dollar Index (DXY), which opened the door for Bullion to surge. Source: Newsmaker.id
Silver prices (XAG/USD) surged sharply in the European session on Tuesday (11/3). The white metal strengthened as the US Dollar (USD) faced a sharp sell-off, with investors being cautious about the outlook for the United States (US) economy due to President Donald Trump's tariff agenda. The US Dollar Index (DXY), which tracks the value of the Greenback against a basket of six major currencies, fell near 103.35, the lowest level seen in four months. A lower US Dollar makes precious metals, such as Silver, more attractive to investors. Source: Newsmaker.id
Gold (XAU/USD) struggled to capitalize on its modest intraday uptick from a one-week low and remained below the $2,900 level through the Asian session on Tuesday (11/03). Uncertainties surrounding US President Donald Trump's trade policies and its impact on the global economy continued to weigh on investor sentiment. This, in turn, helped the safe-haven bullion to attract some intraday dip buyers near the $2,880 region. Source: Newsmaker.id
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
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Poland rejected on Friday a suggestion by Donald Trump that Russian drone incursions into its airspace could have been a mistake, a rare contradiction of the U.S. president from one of Washington's...