US economy expanded at an annual rate of 2.8% in the third quarter, slightly below the expected 3.0% and down from the previous quarter’s 3.0% growth. This increase in real GDP was primarily supported by stronger consumer spending, exports, and federal government expenditures. However, a rise in imports, which detracts from GDP, partially offset these […]
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Silver bulls may finally be getting the move they have been waiting for — and the rally could now be feeding itself. On Monday, Silver exploded higher by more than $6 an ounce at its Read more…
Key Highlights AUD/USD started a fresh increase above the 0.7200 pivot zone. A bullish trend line is forming with support at 0.7190 on the 4-hour chart. EUR/USD could gain strength if it clears 1.1800 and Read more…
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…