Australia’s Unemployment Rate rises to 4.1% in January vs. 4.1% expected

Australia’s Unemployment Rate rose to 4.1% in January from 4.0% in December, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in line with the market consensus of 4.1%. Furthermore, the Australian Employment Change arrived at 44K in January from 60K in December (revised from 56.3K), compared with the … Read more

Gold price steadies as traders diggest FOMC’s minutes

Gold hits new all-time high as Trump’s tariff threats fuel trade war fears. Fed minutes reveal concerns over inflation risks, weighing on rate-cut expectations. Traders eye US jobless claims and S&P Global Flash PMIs for further market cues. Gold prices retreated on Wednesday during the North American session after the latest Federal Reserve’s (Fed) monetary … Read more

Mexican Peso falls due to risk aversion post-Fed minutes

Mexican Peso slumps 0.94% as risk sentiment turns bearish on trade fears. US President Trump targets autos, pharma and computer chips with 25% tariffs. US Dollar Index hits four-day high as Fed signals caution on rate cuts. Banxico-Fed policy divergence favors further MXN weakness; traders eye Mexico Retail Sales, Banxico minutes. The Mexican Peso lost … Read more

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