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Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
Nigel Farage’s farming adviser calls for wheat prices to double
Nigel Farage’s farming adviser has called for a doubling of wheat prices by using trade policy, which critics have said would hike food costs during a cost-of-living crisis. Arable farmer and campaigner Clive Bailye has been appointed as a farming and land use adviser for Reform UK. Bailye owns the website The Farming Forum, a…
Oil Metrics & Gold Risks
Oil Metrics & Gold Risks Source link
RBA Holds Rates Steady, Staying Hawkish on Elevated Inflation Risks
As expected, the Reserve Bank of Australia (RBA) kept its cash rates unchanged at 4.35% in November. RBA recognized that headline inflation has fallen sharply from lower fuel and energy prices, but cautioned that it may rise again as cost-of-living relief unwinds. Underlying inflation, which RBA thinks is more indicative of inflation momentum, also “remains…
Gold price consolidates in a range amid mixed cues, bias seems tilted in favor of bulls
Gold price struggles to capitalize on the previous day’s strong rise of nearly 2%. The upbeat US labor market report underpins the USD and acts as a headwind. The risk-on impulse further caps gains, though Fed rate cut bets offer support. Gold price (XAU/USD) rallied nearly 2% on Thursday and snapped a four-day losing streak…
