inflation

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

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

Decline in inflation indicators could bode well for the precious metal

Japan’s wholesale inflation remains at 0.9 percent in April as yen declines

Japan’s wholesale inflation remains at 0.9 percent in April as yen declines

Import prices in yen increased 6.4 percent annually in April and 1.4 percent compared to March

Gold prices rise ahead of U.S. inflation data

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

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

IMF maintains Nigeria growth forecast at 3.3 percent in 2024, inflation to decline to 24 percent

IMF maintains Nigeria growth forecast at 3.3 percent in 2024, inflation to decline to 24 percent

Potential shocks to agriculture, global food prices and oil production remain a risk to Nigeria's growth

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

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

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

Gold prices rise on anticipated U.S. economic data

Gold prices rise on anticipated U.S. economic data

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

U.K.’s GDP growth to remain sluggish at 0.4 percent in 2024: OECD

U.K.’s GDP growth to remain sluggish at 0.4 percent in 2024: OECD

Unemployment to steadily increase to 4.7 percent by 2025 as U.K. labor market cools

Eurozone economy expands 0.3 percent in Q1 2024, inflation to remain stable at 2.4 percent

Eurozone economy expands 0.3 percent in Q1 2024, inflation to remain stable at 2.4 percent

Economic expansion in Germany, Spain and Ireland propelled eurozone's economic growth

Oil prices dip ahead of Fed meeting as supply disruptions cool

Oil prices dip ahead of Fed meeting as supply disruptions cool

Market expectations for any rate cuts have been pushed out, which could boost the U.S. dollar and potentially dampen oil demand and prices

Gold prices dip as hope for early rate cuts diminishes

Gold prices dip as hope for early rate cuts diminishes

Gold could capitalize on potential downturns in U.S. macroeconomic data in the coming quarters

U.S. inflation rises to 2.7 percent in March, Fed likely to hold rates next week

U.S. inflation rises to 2.7 percent in March, Fed likely to hold rates next week

The central bank has kept interest rates at 5.25 to 5.50 percent since July 2023

Russia’s central bank maintains 16 percent interest rate, raises inflation forecast

Russia’s central bank maintains 16 percent interest rate, raises inflation forecast

The central bank raised inflation forecast to 4.3-4.8 percent, up from 4-4.5 percent

Eurozone lending stagnates in March, ECB rate stance deters borrowers, lenders

Eurozone lending stagnates in March, ECB rate stance deters borrowers, lenders

This data supports the ECB's plan to start cutting eurozone interest rates in June after inflation falls slightly above its 2 percent target

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

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

Despite the increase, gold prices were down around 2.3 percent, their biggest weekly drop since early December

Bank of Japan keeps interest rate unchanged, yen hits 34-year low

Bank of Japan keeps interest rate unchanged, yen hits 34-year low

Recent attempts by Japanese authorities to intervene in currency markets have been ineffective

U.S. economy grows 1.6 percent in Q1, slowest in nearly two years

U.S. economy grows 1.6 percent in Q1, slowest in nearly two years

Decline in government spending contributes to moderation in U.S. economic activity

U.S. economy likely to grow 2.4 percent in Q1 as delayed rate cuts signal inflation surge

U.S. economy likely to grow 2.4 percent in Q1 as delayed rate cuts signal inflation surge

U.S. labor market supports growth with job gains averaging 276,000 per month in Q1 of 2024

Greece’s economy expected to grow by 2.1 percent in 2024, new report reveals

Greece’s economy expected to grow by 2.1 percent in 2024, new report reveals

Tourism boosts country’s economy, but lower exports and consumption weigh on growth

Sri Lanka’s inflation plummets to 2.5 percent in March driven by a 22 percent reduction in power tariffs

Sri Lanka’s inflation plummets to 2.5 percent in March driven by a 22 percent reduction in power tariffs

Food prices remained unchanged at 5 percent in March compared to February

ECB stays committed to multiple rate cuts despite Fed’s caution, global uncertainty

ECB stays committed to multiple rate cuts despite Fed’s caution, global uncertainty

Officials highlighted that the ECB's decisions hinge on incoming data, especially regarding wages, profits, and productivity

Gold prices decline as Middle East tensions ease, markets await U.S. inflation data

Gold prices decline as Middle East tensions ease, markets await U.S. inflation data

Bullion loses safe-haven appeal amidst reduced geopolitical risks

Steady labor market in the U.S. strengthens overall economy, unemployment claims remain low

Steady labor market in the U.S. strengthens overall economy, unemployment claims remain low

Labor market changes could primarily stem from reduced hiring rather than sudden rise in terminations

Japan’s March core inflation slows to 2.6 percent despite yen weakness

Japan’s March core inflation slows to 2.6 percent despite yen weakness

Despite wage hikes, inflation-adjusted real wages continued to decline for nearly two years