Gold rebounds from one-month low amid weaker US Dollar
Gold price drifts higher in Monday’s early European session. Optimism over US trade deals bolstered bets for earlier…
US Durable Goods Orders rise 16.4% in May vs. 8.5% expected
Durable Goods Orders in the US rose more than expected in May. The US Dollar Index stays in…
We cannot accept 25% auto tariffs
Japan’s top trade negotiator, Ryosei Akazawa, said on Thursday that Japan cannot accept 25% auto tariffs. Akazawa further stated…
More optimism in Germany as Ifo index increases for sixth consecutive month
Is this wishful thinking or a fundamental change? Germany’s most prominent leading indicator increased for the sixth consecutive…
Towards a fiscal consolidation which is spread over time but even more constrained than in France
The Spending Review and the GBP 725 billion ten-year infrastructure plan, unveiled on 11 and 19 June, respectively,…
US S&P Global Manufacturing PMI holds at 52 in June, Services PMI declines to 53.1
Business activity in the US private sector continued to expand in June. US Dollar Index clings to modest…
Price levels for households lower than EU average
On the radar Today, Poland will publish industrial output growth in May as well as producer prices. Within…
Employment, inflation risks roughly in balance
Federal Reserve Bank of San Francisco President Mary Daly said on Friday that she sees the Fed’s monetary…
The employment situation is worsening enough to override the tariff-induced inflation worry
Outlook Today we get the preliminary University of Michigan’s consumer sentiment index. As we know, these surveys are…
Gold turns cautious as markets focus on US CPI inflation data
The United States and China reach a provisional trade agreement following London talks, which limits Gold’s strength amid…