Today, all eyes are on US August CPI data, with anticipation of a flare-up in inflation, primarily fueled by escalating oil prices. While broader CPI is expected to witness a surge, core CPI, which excludes volatile food and energy costs, is projected to experience moderated rise annually. Specifically, CPI is projected to rise by 0.6% […]
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Switzerland’s economy maintained steady growth in Q4, with GDP expanding 0.5% qoq when adjusted for sporting events. Without the adjustment, GDP rose 0.2% qoq, in-line with expectations. Private consumption increased by 0.5%, supported by higher Read more…
USD/JPY is consolidating near 149.33 on Thursday, with the yen pausing its rally while holding near four-month highs against the USD. This stabilisation follows renewed support for the US dollar amid concerns that US President Read more…
As shown on the XAU/USD chart, the price of gold per ounce has already fallen by more than 1% today. This bearish sentiment may be driven by: → A strengthening US dollar, influenced by President Read more…