Japan's annual inflation rate edged down to 2.9% in November 2025 from October's 3-month high of 3.0%. Core inflation stood at 3.0%, keeping the same pace as in October and aligning with estimates. Monthly, the CPI rose 0.4%, matching October's reading and staying at its highest in eight months. Source: Trading Economi
Goldman Sachs sees gold prices climbing 14% to $4,900 per ounce by December 2026 in its base case, it said in a note on Thursday, while citing upside risks to this view due to a potential broadening of diversification to private investors. In a note in which the bank discussed its views on commodities for 2026, Goldman Sachs said it expects structurally high central bank demand and cyclical support from U.S. Federal Reserve interest rate cuts to lift the price of gold. It continues to recommend long exposure in the yellow metal. Spot gold was trading at $4,334.93 per ounce at 1824 GMT on...
The BRICS group of countries is increasingly being considered as an alternative for global diplomacy and cooperation amidst increasing tariff and protectionist policies from the United States. A number of developing countries view BRICS as a platform to strengthen trade, investment, and financial cooperation without over-reliance on a Western-dominated system. US tariff pressure is pushing many countries to seek a more balanced economic and political path. Through BRICS, member countries are seeking to expand the use of local currencies, strengthen supply chains, and enhance solidarity...
Applications for US unemployment benefits fell after a spike in the previous week, underscoring the choppy nature of the data at this time of year. Initial claims decreased by 13,000 to 224,000 in the week ended Dec. 13, according to Labor Department data released Thursday. The median forecast in a Bloomberg survey of economists called for 225,000 applications. Continuing claims, a proxy for the number of people receiving benefits, rose to 1.9 million in the previous week. Holiday-related factors often lead to swings in weekly claims data, which will likely continue through the end...
Annual inflation in the United States (US), as measured by the change in the Consumer Price Index (CPI), fell 2.7% in November, according to a report by the US Bureau of Labor Statistics (BLS) on Thursday. The US Bureau of Labor Statistics (BLS) will release key Consumer Price Index (CPI) data for November on Thursday at 1:30 PM GMT. The inflation report will not include the CPI for October and will not offer a monthly CPI figure for November, due to the lack of data collection during the government shutdown. Therefore, investors will be closely watching the annual CPI and core CPI figures...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada...
US President Donald Trump said Washington is willing to provide security assistance to Ukraine as part of a deal to end the war with Russia. He emphasized that security support is a crucial factor...