Economics Week Ahead – ActionForex
U.S. inflation is showing renewed upward pressure, with our expectations for May CPI to rise 0.5% and the year‑over‑year rate pushing to 4.2%, largely driven by an 8% surge in…
Euro area: Growth forecasts face modest downgrades – Nomura
Nomura analysts expects the European Central Bank's (ECB) June macroeconomic projections to incorporate higher market rate assumptions and exclude May Harmonised Indices of Consumer Prices (HICP) data. They foresee HICP…
United Kingdom: Gradual EU reset shapes growth outlook – Rabobank
Rabobank argues that closer EU–UK ties under Prime Minister Starmer will proceed through targeted, technical agreements that only marginally improve the United Kingdom’s growth outlook. The bank estimates Brexit has…
Silver tumbles below $69 as strong US jobs data lifts Dollar
Silver (XAG/USD) falls on Friday and trades around $68.90 at the time of writing, down 6.74% on the day. The white metal is under heavy selling pressure after a stronger-than-expected…
Auction of oil drilling rights in Alaska wildlife refuge draws tepid response
Auction of oil drilling rights in Alaska wildlife refuge draws tepid response Source link
Fed’s Hammack sees something in recent trends that could require policy action soon
Federal Reserve Bank of Cleveland President Beth Hammack said on Friday that it remains reasonable to keep interest rates steady for now, but she warned that if recent economic trends…
Russia’s Rosatom says Ukrainian drone hit engineers demining areas around Zaporizhzhia nuclear plant
Russia’s Rosatom says Ukrainian drone hit engineers demining areas around Zaporizhzhia nuclear plant Source link
Gold slides over 2% as strong US jobs data boosts Treasury yields, US Dollar
Gold (XAU/USD) edges lower on Friday after the US Nonfarm Payrolls (NFP) report beat expectations, boosting the US Dollar (USD) and reinforcing expectations that the Federal Reserve (Fed) will keep…
UBS: Gold faces short-term headwinds but structural drivers point to new highs
UBS: Gold faces short-term headwinds but structural drivers point to new highs Source link
Bitcoin Deepens Losses as Crypto Market Comes Under Pressure
Bitcoin is under strong selling pressure, falling over 17% in a week and dropping below USD 60,000. The decline was intensified by USD 532 million in long liquidations on Binance,…
