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Gold prices forecast: xau/usd’s vulnerability evident amidst yield rise, fed outlook

Reflecting waning enthusiasm for gold, the SPDR Gold Trust, the world’s predominant gold-backed ETF, reported holdings at their lowest since January...

August 16, 2023, 9:14 am

Gold prices remain unchanged, near session lows as u.s. housing starts rise 3.9% in july

(Kitco News) - The gold market is holding the line at session lows as the U.S. housing market construction numbers look to stabilize....

August 16, 2023, 8:48 am

Soma gold on track to meet annual production guidance following strong july

Soma Gold Corp. (TSX-V:SOMA) said it produced 3,031 gold equivalent (AuEq) ounces of gold during July, a 47% increase compared to the 2,061 AuEq ounce...

August 16, 2023, 8:16 am

Target cuts outlook but improved margin boosts profit

Target Corporation (NYSE:TGT) lowered annual guidance alongside its second quarter results, but improved margin drove a better-than-expected profit f...

August 16, 2023, 7:31 am

U.k. inflation rate falls more than expected in july, core rate steady

U.K. inflation rate falls more than expected in July, core rate steady Read Full Story The post U.K. inflation rate falls more than expected in July, ...

August 16, 2023, 6:58 am

3 closed-end fund buys in the month of july 2023

This month I added to three of my already existing positions to grow my income. I'm continuing to avoid adding too much in terms of leveraged funds to...

August 16, 2023, 6:35 am

Oil prices forecast: china’s economic woes weigh on global oil prices

China’s july data signals potential oil market disruptions, overshadowing U.S. inventory drops. The p...

August 16, 2023, 6:26 am

Resilient us retail sales fuel inflation expectations, fed hawks

The Americans continue spending and that’s bad news for the entire world. Announced yesterday the july ...

August 16, 2023, 6:24 am

Market sentiment remains cautious

Market movers today Following up on yesterday’s inflation data from Sweden which came in well in line with expectations, this morning the Prospera i...

August 16, 2023, 6:22 am

Uk inflation inflation rate softens from 7.9% to 6.8% in july

The UK annual inflation rate softened from 7.9% to 6.8% in July, a pivotal metric that could influence the Bank of England’s monetary policy expecta...

August 16, 2023, 6:22 am

Uk cpi slowed to 6.8% in jul, services inflation hit highest since 1992

July saw a marked deceleration in UK’s CPI, falling from 7.9% yoy to 6.8% yoy , precisely in line with market expectations. Core CPI, which strips o...

August 16, 2023, 6:18 am

Intraday analysis – usd keeps its edge

EURUSD tests critical support The US dollar advanced after an acceleration in July’s retail sales figures. The pair is seeking support over the dail...

August 16, 2023, 6:18 am

Uk july cpi +6.8% vs +6.8% y/y expected

Prior +7.9%Core CPI +6.9% vs +6.8% y/y expectedPrior +6.9%The headline reading is as per expected, reflecting the big decline in household energy bill...

August 16, 2023, 6:00 am

Gold prices continue to struggle after sliding to 1-month lows as rising bond yields heap pressure on metals

Gold prices slid further on Tuesday, falling to their lowest levels in more than a month, as U.S. Treasury yields and the U.S. dollar climbed followin...

August 16, 2023, 5:44 am

European shares to see cautious open as risk aversion deepens

European stocks may drift lower at open on Wednesday as worries about the U.S. banking sector deepened and data showed China’s new home prices fell ...

August 16, 2023, 5:35 am

Is at&t stock a buy?

AT&T shares declined this year, hitting a 52-week low in july on news of lead in its telecommunications...

August 16, 2023, 5:10 am

The things to watch out for in the uk cpi report later

Let's jump right into this. The first thing to note is that headline annual inflation is estimated to fall from 7.9% in June to 6.8% in July. That sou...

August 16, 2023, 4:51 am

Australia’s westepac leading index ticks up, but below-par growth set to persist

Australia’s Westpac Leading Index figures reveals that growth rate has shown a marginal uptick, moving from -0.67% to -0.60% in July. But alarmingly...

August 16, 2023, 3:35 am

Adriatic metals makes encouraging exploration progress

Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) has unveiled encouraging results from its ongoing exploration at Rupice Northwest (RNW), part of ...

August 16, 2023, 3:03 am

Forexlive asia-pacific fx news wrap: rbnz leaves cash rate at 5.5%, as expected

More from the RBNZ: Estimate of nominal neural cash rate has increased 25bpNZD/USD a few points higher after the RBNZ statement says rates to stay hig...

August 16, 2023, 2:55 am


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