The United States on Tuesday accused companies in the United Arab Emirates, the Central African Republic and Russia of engaging in illicit gold deals to help fund the mercenary fighters of Russia's Wagner Group. The U.S. Treasury Department said in a statement it has sanctioned four companies...
Asia-Pacific markets were all lower on Friday, tracking Wall Street's losses overnight and giving up gains from the previous day. Traders will also be watching chip stocks, after Taiwanese chip giant Taiwan Semiconductor Manufacturing Corp beat first quarter revenue and profit expectations on...
Initial applications for US unemployment benefits remained subdued last week, consistent with a healthy job market. Initial claims held at 212,000 in the week ended April 13, according to Labor Department data released on Thursday. The median forecast in a Bloomberg survey of economists...
Gold prices chugged along for much last week, trading between $2,300 and $2,360 through Wednesday, shaking off hotter-than-expected CPI and lulling market participants into a false sense of stability. Then, late Thursday, the rollercoaster began to ratchet back up, with spot gold hitting a new...
Gold is headed for its fifth weekly advance, its longest such streak since January last year, as the prospect of an escalating war between Israel and Iran stoked haven demand. Bullion was little changed on Friday, on course for a 1.5% advance this week. Rhetoric between Iran and Israel has...
British inflation is broadly declining in line with the Bank of England's forecasts, and next month's numbers look on track for a sharp drop towards the central bank's 2% target, Governor Andrew Bailey said on Wednesday. "We're actually pretty much on track for where we thought we would be,"...
Time | Country | Figures | Previous | Actual |
---|---|---|---|---|
06.30 | JPN | National Core CPI y/y | 2.8% | 2.6% |
13.00 | EUR | German PPI m/m | -0.4% | |
13.00 | GBP | Retail Sales m/m (GBP) | 0.0% | |
19th-20th | CHN | Foreign Direct Investment ytd/y | -19.9% |