Will the Sept US PCE Price Index Move the Markets? – Orbex Forex Trading Blog

By Mojtaba Akhavan-Tafti, University of Michigan  The rapid expansion of artificial intelligence and cloud services has led to a massive demand for computing power. The surge has strained data infrastructure, which requires lots of electricity to operate. A single, medium-sized data center here on Earth can consume enough electricity to power about 16,500 homes, with…

Gold price rallied above $4,750 before correcting lower. Crude oil prices are rising and could climb further higher toward $110.00. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today · Gold price gained pace for a move toward $4,800 and recently corrected lower against the US Dollar. · A key bullish trend line…

Jane Goodall died, and if you felt your heart drop, you’re not alone. I gasped, froze, then full-on spiraled into a National Geographic stream like it was 2003. And guess what? So did half the internet. Because when someone like Dr. Jane Goodall dies, it doesn’t just hit the news—it hits the soul. This isn’t…

Bank of Japan Governor Ueda and Japan finance minister Suzuki spoke over the weekend, at the conclusion of the G7 meeting in Italy. Suzuki said he hadn’t had a one-on-one meeting with US Treasury Secretary Yellen. Which seems to indicate no discussion on co-ordinated yen intervention took place. Prior to the weekend Suzuki’s offsider, Vice…