Tag: Global markets

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China Economic Data Release Calendar: Retail Sales & Industrial Output – June 17, 2024...

China's economic data release calendar for retail sales and industrial output is set for June 17, 2024. This data is crucial in understanding the...
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Australian Dollar weakens ahead of RBA decision

The Australian Dollar (AUD) weakened against the US Dollar (USD) as markets anticipated the Reserve Bank of Australia's (RBA) decision next week. Despite strong...
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Gold price surges as US inflation falters against Fed’s hawkish stance

Gold prices surged above $2,330 as investors placed their bets on the Federal Reserve (Fed) cutting interest rates later in the year. This increase...

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Fed Chair Powell Urges Patience in Interest Rate Reductions

Federal Reserve Chair Jerome Powell spoke on Thursday about the strong U.S. economic growth, which allows policymakers to be patient in deciding on interest...