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Recent Posts by anakin

After reaching a record high, gold’s value has fallen by 3% amid tariff discussions.

Gold’s price drops 3% to $2,860 after tariffs; June rate cut odds rise to 71.8%.

Canada’s GDP surged to 2.6% in Q4, exceeding expectations, driven by household spending and exports.

Canada’s Q4 2024 GDP grew 2.6%, driven by household spending, exports, and investment, with wages rising moderately.

The US Goods Trade Balance for January was worse than anticipated, recording a deficit of $153.3 billion.

US trade deficit widens, EUR/USD stabilises, gold drops, GBP/USD holds gains; focus shifts to payrolls, ECB meeting.

Core PCE matched expectations; personal income increased, while spending on vehicles declined temporarily due to weather.

US core PCE rose 2.6% annually, personal income increased 0.9%, while real personal spending declined 0.5%.

Wholesale inventories in the United States exceeded expectations in January, reporting 0.7% instead of 0.1%.

US wholesale inventories rose 0.7%, EUR/USD stabilised, gold dropped, and key economic events await.

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