Australia’s monthly CPI slowed from 3.5% yoy to 2.7% yoy in August, marking the lowest reading since August 2021. Core inflation measures also eased, with CPI excluding volatile items and holiday travel declining to 3.0% Read more…
BoC Governor Tiff Macklem, in a speech overnight, suggested that more interest rate cuts are likely, contingent on incoming economic data. He acknowledged, “With the continued progress we’ve seen on inflation, it is reasonable to Read more…
In an interview on Dutch television overnight, ECB Governing Council member Klaas Knot emphasized that interest rates across Europe are poised for continued gradual reductions. Knot affirmed that as ECB gains confidence in achieving its Read more…
Gold prices advance, underpinned by ETF Flows, China stimulus and safe haven flows, Gold ETF flows have been positive, and if this trend continues, it could further support the upward momentum of gold prices. From Read more…
Silver (XAGUSD) is close to breaking above previous peak on 5.20.2024 high at 32.51. A break above the level confirms the next leg higher has resumed. Short term, rally from 9.9.2024 low is in progress Read more…
USDCHF reversed from resistance area Likely to fall to support level 0.8400 USDCHF currency pair recently reversed down from the resistance area located at the intersection of the key resistance level 0.8525 (upper border of Read more…
GBPUSD broke resistance area Likely to rise to resistance level 1.3500 GBPUSD recently broke the resistance area located at the intersection of the key resistance level 1.3255 (former monthly high from August) and the resistance Read more…
The past two decades have seen multiple recessions, housing crises, and heightened inflationary periods. These factors have shaped Americans’ current cost of living and spending habits. The threshold for what is considered ‘wealthy’ and financially Read more…
Although milk alternatives have increased in popularity over the years, dairy continues to be a popular food group and a very profitable industry worldwide. Milk production is projected to grow at an average rate of Read more…
Boeing (BA) has just hit a major snag in negotiating with the roughly 33,000 workers who went on strike earlier this month for higher pay, decreased out-of-pocket health care costs, retirement security, etc. As Boeing Read more…