Gold Heads for Weekly Loss as Middle East Uncertainty and Fed Rate Hike Fears Cap Recovery
Gold prices are on track to post a weekly loss, with the precious metal struggling to sustain a recovery amid a confluence of
Forex News
Forex News
Canada Unemployment Rate Forecast to Hold at 6.6% in June 2025
Statistics Canada is expected to report that the national unemployment rate remained steady at 6.6% in June 2025, matching the May figure. The
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Gold Price Forecast: XAU/USD Holds Near $4,100 as Bearish Pressure Persists
Gold prices are trading near the $4,100 mark, with the precious metal struggling to gain upward traction as a persistent bearish trend continues
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Bank of Canada Unlikely to Surprise Next Week, ING Says: High Bar for Hawkish Shift
As markets brace for the Bank of Canada’s (BoC) upcoming interest rate decision, analysts at ING have weighed in with a measured outlook,
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DBS Report Highlights China’s Growth Slowdown and Uneven Sector Momentum
A recent report from DBS Bank has shed light on the deceleration of China’s economic growth, describing the current trajectory as a ‘slowdown
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ECB Still on Track for One More Rate Hike, OCBC Says Despite Softening Data
Despite recent signs of economic softening in the eurozone, OCBC analysts maintain that another interest rate hike from the European Central Bank remains
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Japanese Yen Strengthens as Government Urges Pension Funds to Boost Domestic Investment
The Japanese Yen edged higher against major currencies on Tuesday following a renewed push by Japanese authorities for the nation’s massive public pension
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SK Hynix US IPO Puts Memory Chip Stocks in the Spotlight
SK Hynix’s potential initial public offering (IPO) on a US stock exchange is drawing renewed investor attention to the memory chip sector, a
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India’s Foreign Exchange Reserves Rise to $674.19 Billion as of June 29
India’s foreign exchange reserves increased by $7.26 billion to reach $674.19 billion for the week ending June 29, 2024, according to data released
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India Bank Loan Growth Accelerates to 18.6% in Mid-June, Signaling Strong Credit Demand
India’s banking sector recorded a notable acceleration in loan growth, with outstanding credit expanding by 18.6% year-on-year as of June 15, 2025. This