Gold is waiting for the final verdict on US CPI in 2026. If we can take advantage of this to stand above the 2032 level, gold will continue to increase.
Market news: Swiss voters oppose raising the retirement age and it is unclear whether the vote on pensions will be supported by the majority of Swiss cantons.
The non-seasonally adjusted annual core CPI rate in the United States recorded 3.8% in February, a new low since May 2021 and above market expectations of 3.7%.
Market news: The draft resolution proposed by the US would condemn Hamas's attack on Israel on October 7. It is unclear if and when the draft will be put to a vote.
โenvironmental disasterโ in the Red Sea. Environmental disaster." The US Central Command said in a statement on Friday: "The ship has broken down and is slowly taking on water. โThe Houthis' reckless and unprovoked attack caused significant damage to the ship, causing a 28-mile
Reuters survey: OPEC's monthly oil output increased by 90,000 bpd from January to 26.42 million bpd, as Libya's output recovered after a production disruption.
The total passenger traffic of Hangzhou Metro line network reached a record high on March 8] According to the latest data from the official blog of Hangzhou Metro on March 8
No matter when interest rates are increased, the yen will have certain difficulties to overcome. One of the main factors is the large arbitrage losses for portfolios that buy yen against the dollar
ECB Executive Council member Kazmir: ECB should wait until June before cutting interest rates for the first time, hasty action is neither wise nor beneficial.
Analysts focus on sectors with lower US core inflation volatility] On March 12, analysts Ira Jersey and others said they would focus on a slowdown in sectors have lower US core CPI volatility, which is pushing inflation higher.
Seasonally adjusted nonfarm payrolls in the United States increased by 275,000 in February, the lowest since November 2023. The unemployment rate in the United States increased to 3.9% in February, the highest level since November 2023. from January 2022.
Ni Hong, Minister of Housing and Urban-Rural Development: It is necessary to reform and improve basic systems such as commercial housing development, finance and sales, and strongly and effectively promote Order the sale of an existing house.
2) The afterlife was incredibly important to the Egyptians. They believed that by preserving a dead personโs body โ which they did through the process of mummification โ their soul would live on in the afterlife forever.
Danske Bank: Conflict in the Middle East is at risk of escalating] On March 8, Danske Bank announced that ceasefire negotiations between Hamas and Israel have not yet achieved a breakthrough. Israel threatened to attack Rafah before March 10 if the hostages were not released.
@SmileyMileyBub
US lawmakers are questioning the amount of foreign gold being shipped out of the country, prompting Fed Chairman Powell to respond with a letter. This highlights concerns about US gold reserves and transparency in the gold market.
The Houthi armed forces in Yemen used missiles to attack the True Confidence cargo ship moving in the Gulf of Aden. The US said the attack killed 3 people and injured at least 4 others.
@KayKayMaloney
The German Chancellor Scholz confirmed that the long-term security agreement with Ukraine includes prospects for the country after the ceasefire.
@MrAmazin43
Oil prices dropped today with WTI crude oil at 77.32 USD/barrel, a decrease of 1.00%, and Brent crude oil at 82 USD/barrel, down 0.91% on the day.
@hakunaohanamata
Investors beware: Fed cautious on rate cuts, EIA reports rise in crude inventories causing oil prices to drop from recent highs. Stay vigilant in crude oil trading.
Female spiders have a large appetite
Unfortunately, this isnโt good news for the males.
In some cases, depending on the species, the female spider will eat the male spider before, during or after copulation!
@ReptarNguyen
The geopolitics of 1991 was stable compared to the current chaotic situation. Restoring the stability of 1993 may offer hope for a return to a more peaceful world by 2024.
@bananavalles
The Federal Reserve Governor Bowman stated that they are willing to increase policy rates if inflation does not show progress or starts to decrease. This shows their commitment to maintaining stable and sustainable economic growth by adjusting interest rates according to the
@flyfish411
Bank of England Governor Bailey believes that it is not necessary for inflation to reach the target before cutting interest rates. This approach may involve taking preemptive measures to boost the economy and support recovery. Bailey's statement highlights the central bank's
@lovebug1144
Tightening monetary policy in the UK may worsen recession risks in the economy, according to Dhingra, a Bank of England Monetary Policy Fellow.
@Crystal_NathanS
International oil prices surged as Saudi Arabia raised its official crude oil selling price to Asia and tensions in the Middle East escalated. WTI and Brent crude oil prices closed higher, with WTI up 1.23% to $79.22/barrel and Brent up 0.04% to $83.62/barrel.
@kyleownzz
Oil prices dropped today, with WTI crude oil down over 1% at $76.33 USD/barrel and Brent crude oil falling more than 0.9% to $81.05 USD/barrel.
@ElmerTrindli696
Analysts from Commerzbank think the market's positive outlook on interest rates is overly optimistic and the spike in gold prices is exaggerated. Given recent underwhelming US economic data, investors are focusing on the prospect of interest rate cuts.
@jbismyhero1122
The Central Bank of Russia highlights that the labor shortage is the main obstacle to increasing production of goods and services in the country.
@Crush_davis_19
Silver price is expected to drop below the crucial level of 21.35, according to analysts. The first target is set to test the position near that level.
@M4RY_l0U
Meizu will implement the All in AI strategy focusing on building an AI terminal, revamping the Flyme system, and establishing an AI ecosystem. This announcement was made on February 29 and indicates the company's commitment to AI technology.
@DrizzyDoggy33
The Federal Reserve's cautious approach to cutting interest rates is reflected in the rise of EIA crude inventories and subsequent fall in oil prices.
@Crush_davis_19
The core CPI inflation in the US is projected to rise by 0.2% in January compared to the previous month, while overall CPI inflation is expected to increase by 0.1%. This indicates a moderate but steady growth in consumer prices.
@Crush_davis_19
Houthi armed forces have vowed to expand their operations in response to British and US air strikes. The conflict in Yemen continues to escalate, raising concerns about the impact on civilians and regional stability. Diplomatic efforts are needed to find a peaceful resolution to
@MrAmazin43
Britain has urged Germany to deliver Taurus missiles to Ukraine. This move highlights the ongoing support for Ukraine in its conflict with Russia. Providing these long-range missiles could bolster Ukraine's defense capabilities against further Russian aggression.
@hakunaohanamata
This article briefs on the EIA Strategic Petroleum Inventories in the US, hitting a record high for the week ending on February 23, 2023, surpassing the levels last seen on May 5, 2023.
@Crystal_NathanS
Great to hear that Tianya Community is working to resolve the bankruptcy petition. Looking forward to seeing them back in operation on March 1.
@SmileyMileyBub
The spot market for crude oil is seeing tension, causing prices to rise. OPEC's decision to extend production cuts until the second quarter of the year has further fueled the price hike. This move was anticipated by the market, indicating ongoing volatility in the industry.
@nhdjmvg
Russian assets should be confiscated and used to rebuild Ukraine, as suggested by Ukrainian President Zelensky. This could provide much-needed resources for the country's reconstruction efforts and help mitigate the damage caused by the conflict with Russia.
@nhdjmvg
The New Zealand Federal Reserve Survey shows that the average one-year inflation expectations for the first quarter were 3.22% and average two-year inflation expectations were 2.50%. This indicates a moderate level of inflation in the country over the coming years.
@chipchippers11
Ukraine's Deputy Prime Minister highlights record export of 8 million tons of goods in February, with 5.2 million tons of agricultural products via Black Sea corridor.