Gold price edges lower in Friday’s early Asian session, pressured by profit-taking. Mounting uncertainty about tariffs and recession fears could boost the safe-haven flows, supporting the Gold price. Fed’s Daly is set to speak later on Friday. The Gold price (XAU/USD) holds steady on Friday after retreating from an all-time high of $3,358 as investors … Read more
The Australian Dollar appreciates as the US Dollar softens amid rising economic concerns. Trump struck an optimistic tone, suggesting a trade deal with China could be finalized within three to four weeks. Fed Chair Jerome Powell cautioned that a weak economy combined with sustained inflation could heighten the risk of stagflation. The Australian Dollar (AUD) … Read more
EUR/USD gains traction around 1.1370 in Friday’s early Asian session. ECB cut interest rates to their lowest level since late 2022. Fed’s Powell warned that Trump’s tariffs could lead to a challenging scenario for the US central bank. The EUR/USD pair attracts some buyers to near 1.1370 during the early Asian session on Friday. The concerns … Read more
Japan’s National Consumer Price Index (CPI) rose by 3.6% YoY in March, compared to the previous reading of 3.7%, according to the latest data released by the Japan Statistics Bureau on Friday. Further details unveil that the National CPI ex Fresh food arrived at 3.2% YoY in March versus 3.0% prior. The figure was in line with … Read more
Gold pulls back from $3,357 all-time high as Powell warns Fed’s goals may conflict, raising stagflation concerns. Market mixed: Dow dips on UnitedHealth crash while other indices see modest gains. Trump signals trade progress with EU and China; ECB cuts rates 25 bps, widening global policy divergence. Gold retreated on Thursday ahead of the Good … Read more
Market shudders as UnitedHealth cuts 2025 guidance by more than 10%. Largest US insurer sees major rise in healthcare expenses. UNH stock gets hit by historic sell-off, down more than 23%. The next stop by UNH stock is the February 21 low at $438.50. UnitedHealth Group (UNH) stock is facing one of the largest sell-offs … Read more