Inflation data from Australia for the October- December quarter and for December month, 2024. Headline inflation numbers come in lower than expected. +2.4% y/y expected 2.5%, prior 2.8% +0.2% q/q…
The Australian CPI for Q4 2024 is the focus, The quarterly CPI data from Australia will be eyed for its impact on the likelihood of a February Reserve Bank of…
Commerzbank raised its gold price forecast for the end of Q1 2025 to $2,700 per troy ounce (previously $2,600). In terms of year-end forecast, "we continue to expect a gold…
Mondays are tough, but so for investors. Pre-market trading saw significant declines in the so-called “Magnificent Seven,” with Nvidia — one of the key drivers of the recent bull market —…
The journey of AI in the past 16 months has been one of the most-remarkable stories in human history. From what I've heard, we're still just at the beginning. The…
Chinese Foreign Minister Wang Yi met with Australia's Foreign Affairs Minister Penny Wong. Comments from the Chinese side: The economies of China and Australia are highly complementary and have great…
According to many analysts' forecasts, the price of gold may increase in 2024. Gold is trading above $2,000 per ounce in early 2024. Analysts expect that even later in the…
A very busy week ahead with the release of many key economic data and central bank policy decisions, including the Fed. UPCOMING EVENTS: Monday: China Retail Sales and Industrial Production,…
A year-end forecast for the euro from Bank of America citing Federal Reserve and ECB rate cuts.: Bank of America are projecting a rise for EUR/USD to 1.15 by the…
The Reserve Bank of Australia will hold its key interest rate at 4.35% for a third straight meeting on Tuesday and at least until end-September. That's the result showing from…