Australia lowers interest rate to a two-year low as worries about inflation keep easing.
Reserve Bank of Australia Lowers Benchmark Rate Michele Bullock, the Governor of the Reserve Bank of Australia (RBA), is scheduled to address the press at the bank’s headquarters in Sydney on Tuesday, April 1, 2025. Australia’s central bank has made some adjustments, reducing its benchmark interest rate by 25 basis points to 3.85%. This marks […]
Gold Drops Below $3,300 as Traders Anticipate Easing in Global Trade Tensions
Key Points: Gold declined by 1.6%, reaching a low of $3,258 Traders are shifting away from safe-haven assets A morning briefing on US-China discussions is upcoming Trump lauded recent discussions with China regarding tariffs shortly after the UK unveiled its trade agreement. With tensions easing, gold seems to be losing its appeal. 📢 Progress in […]
Sen. Markwayne Mullin Attributes Trump’s ‘Firm Leadership’ to Easing Tensions Between India and Pakistan
Senator Mark Wayne Marin (R-OK) stated that the Trump administration responded rapidly regarding the tensions between India and Pakistan, ultimately facilitating a ceasefire agreement. He also expressed that, had President Trump been in office, the conflict between Ukraine and Russia might not have occurred. “What’s striking is how swiftly they acted,” the senator noted, highlighting […]
EUR/USD slumps on increasing hopes of easing US-China trade war – FXStreet
As the US dollar increases the likelihood of elimination of escalations in the US-China trade war, the EUR/USD drops to near 1.1350. Beijing is considering suspending additional duties on some products from the US. ECB Holtzmann warns of the structural weakness of the eurozone economy. EUR/USD During North American trading hours on Friday, trading will […]
Gold (XAUUSD) & Silver Price Forecast: Risk-On Mood Pressures Prices, Fed Easing Eyed – FXEmpire
Silver tracks gold and faces sales pressure Silver (XAG/USD) reflects gold’s weakness, trading at $33.44 after touching on a low low of $33.37. The broader risk-on tone, supported by a decline in US economic figures and trade friction, contributed to the decline. Both metals are under pressure as investors slop towards stocks and leaning towards […]
Housing affordability issues show few signs of easing
This story is the second in a four-part series. Read part 1 here. U.S. home prices are out of reach for millions of Americans, and the Federal Reserve suspension of interest rate cuts means funding costs are likely to make the real estate market a dog for the coming months. Affordable metrics show the cost […]
Bank of England signals further easing after rate cut, slashes growth outlook – CNBC
Commuters will pass the Bank of England (BOE) in the city of London, UK on Monday, September 16th, 2024. Bloomberg | Bloomberg | Getty Images Further cuts have come as the Bank of England made its first interest rate cut of the year on Thursday, downgrading its UK growth forecast for 2025. The central bank […]
Silver (XAG) Forecast: Could Easing Labor Data Lift Prices Next Week? – FX Empire
The closest support is the low of $28.75. If this trend continues, the price could rebound to the pivot at $30.44. Overcoming this level will shift momentum to the upside, increasing the likelihood of a short-term surge into the resistance cluster formed by another pivot at $32.26 and a minor top at $32.33. If we […]
Gold (XAU) Silver (XAG) Daily Forecast: Easing Policies Boost Metals, $2,643 and $29.50 in Focus – FX Empire
Market analysts expect support for gold to continue in 2025, citing increased central bank demand and a potential boost from gradual Federal Reserve rate cuts. Some predict that gold prices could reach $3,000 an ounce as global monetary easing and geopolitical risks continue. Silver gains constrained by economic concerns Silver (XAG/USD) is trading at $28.91, […]
BoJ Summary of Opinions: Member indicates readiness to adjust degree of easing if outlook is realized – FXStreet
On September 19th and 20th, the Bank of Japan (BoJ) announced the summary of opinions from the September Monetary Policy Meeting, and the main findings were as follows. main quote Japan's economy is recovering moderately, and prices are steadily rising. Economic activity and prices are generally trending favorably, and moderate growth is expected. There are […]