Worldwide

Peru exits IMF’s flexible credit line arrangement

The country has maintained robust foreign exchange reserves, low public debt and a prudent fiscal position

New Zealand Central Bank keeps cash rate unchanged at 5.5 percent, signals further policy tightening ahead

Consumer price inflation came in higher than expected at 4.0 percent in the first quarter of the year

Gold prices decline ahead of Fed meeting minutes

Gold prices held above the $2,400 key level ahead of potential interest rate cuts later this year

Clean tech manufacturing investments reach $200 billion in 2023, up 70 percent: Report

China accounted for three-quarters of the total investments in this field, according to the report

Tourism sector back to pre-pandemic levels, but recovery is uneven: Report

The Middle East saw the highest rate of recovery in international tourist arrivals, up 20 percent from 2019

Gold prices decline from record high on stronger dollar

The dollar index rose 0.1 percent, making greenback-priced bullion less attractive to holders of other currencies

Silver outperforms gold with over 25 percent surge this year: Report

The report also forecasts growth in Asian markets after U.S. stocks recorded a positive performance

Global market for energy transition minerals forecast to reach $770 billion by 2040: Report

The market value of key energy transition minerals is around $325 billion

Gold prices hit record high of $2,440.49 on interest rate cut bets

The dollar index maintained its downward trend, declining 0.03 percent on Monday

Saudi Arabia, U.S. forge roadmap for cooperation in energy with focus on sustainability

Roadmap builds on the 2022 Partnership for Advancing Clean Energy Agreement

Gold prices rise, on track for second weekly gain on weaker dollar

Dollar index declined almost 0.6 percent this week, making gold more affordable for holders of other currencies

Gold prices rise on cooling U.S. inflation, rate cut speculations

U.S. consumer prices increased less than expected in April, which supported bullion

Gold prices down ahead of key U.S. inflation data

Decline in inflation indicators could bode well for the precious metal

Oil demand to increase by 2.25 million barrels a day in 2024: OPEC+

OPEC projects demand for crude to reach 43.2 million barrels per day in 2024

Gold prices rise ahead of U.S. inflation data

Stagflationary risks in the U.S. continue to support gold prices

Gold prices down ahead of U.S. consumer, producer data

U.S. employment data supported gold prices, which rose over 2 percent by the end of last week

Gold prices rise to over two-week high on rate-cut hopes

Softer U.S. jobless claims data contributed to the optimism surrounding gold

Deflating geopolitical risk premium, hedge fund selling pushes oil to near two-month low: Report

Brent crude should return to the $90 per barrel mark as demand exceeds historic levels this year

Gold prices rise on anticipated U.S. economic data

Hotter-than-expected U.S. inflation data could potentially drive gold prices down

Gold prices rise as traders await rate cut cues, key economic data

China's central bank marked its 18th consecutive month of gold purchases in April

Gold prices decline on geopolitical uncertainty, rate cut speculations

Gold prices have established a support base around the $2,280 mark over the past week

Red Sea disruption could cut Asia-Europe capacity by 15-20 percent in Q2: Maersk

Maersk anticipates shipping disruptions to persist at least until the end of the year

Electric vehicle shift in China, U.S. to impact petrol demand in 2024

Meanwhile, India and Indonesia continue to experience booming car sales