Gold extends its pullback on Tuesday, falling down to about $3,930 per troy ounce and reaching three-day lows amid the intense strengthening of the US Dollar. The precious metal continues under pressure as markets reduce expectations for a Fed rate reduction in December, but lower US Treasury rates seem to be helping to contain any losses for the time being.
Core PCE for May is due, and markets are expecting an uptick. Could this update on the Fed’s go-to inflation gauge shake up its policy plans? If you’re looking to trade the core PCE release, here are the key points to keep on your radar. This Article Is For Premium Members Only Become…
Could the RBNZ throw cold water on Kiwi’s recent run? Our Event Guide for the RBNZ May Policy Decision suggests that the central bank could hint at another rate cut, if not slash its rates by a larger 50 basis points. That would be a shocker, but not out of the question given global…
By Xie Yu HONG KONG (Reuters) -Lawyers appointed by the liquidators of China Evergrande (HK:) Group are investigating some of the property developer’s service providers including its former auditor PricewaterhouseCoopers, to potentially recoup losses for creditors, three sources said. Evergrande, once China’s largest property developer, was ordered to be liquidated by a Hong Kong court…
Paola Papanicolaou, Head of Intesa Sanpaolo’s International Banks Division ROME, July 12, 2025 (GLOBE NEWSWIRE) — At the Ukraine Recovery Conference in Rome, Paola Papanicolaou, Head of Intesa Sanpaolo’s International Banks Division, explained the Group’s concrete commitment to Ukraine’s reconstruction, highlighting the role of Italy’s only banking group operating in the country in supporting recovery…
Mind you, this has been an ongoing issue since late 2023 already. And when the ONS could not figure out how to improve the data reliability, they opted to try and revamp the whole Labour Force Survey (LFS). In 2024, they announced that they would be transitioning to a Transformed Labour Force Survey (TLFS). That…
Financial markets dealt with a fresh round of tariffs announcements and threats of countermeasures, after Trump slapped higher trade levies on Brazil and Sri Lanka. Meanwhile, the OPEC downgrade on global demand forecasts for the next years weighed heavily on crude oil prices. Oh, and did we mention that bitcoin struck fresh record highs at…