Swiss KOF Economic Barometer declined sharply from 104.5 to 99.5 in October, missing the expected 105.0 and falling below the 100-point threshold for the first time since January. This shift suggests a weakening outlook for the Swiss economy, with the KOF describing the recovery as “very hesitant.” In October, indicators across all production-related sectors, including […]
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Australia’s NAB business survey for April painted an increasingly stagflationary picture, with activity indicators weakening further even as cost pressures accelerated sharply. Business confidence improved slightly from -29 to -24, but remained deeply negative, while Read more…
Bank of Japan’s Summary of Opinions from the April meeting revealed a noticeably more hawkish debate inside the board, with several policymakers arguing that another interest rate hike could come sooner rather than later as Read more…
Silver has officially entered what looks to be a real breakout. As we noted in our Friday analysis, the metals sector was overdue for a rally, and that move is now underway. Silver has attracted Read more…