The People's Bank of China (PBOC) Governor, Pan Gongsheng, reaffirmed the central bank’s commitment to maintaining ample liquidity through interest rate and reserve requirement ratio (RRR) adjustments. He also emphasized China’s role as a key driver...
Gold prices have continued their upward trajectory, breaking through the critical $2,900 per troy ounce level, driven by a combination of a weakening US Dollar and declining US Treasury yields across the curve. The XAU/USD pair has regained its...
Despite a ceasefire agreement between Israel and the Lebanon-based Hezbollah militant group, geopolitical risk premiums remain elevated due to the escalating Russia-Ukraine conflict. Additionally, expectations that the Organization of Petroleum...
The US Dollar Index (DXY) faced significant downward pressure, retreating to the 107.20 zone, marking its lowest level in two weeks. This decline was primarily driven by falling US Treasury yields across the curve, as investors adjusted their...
The recent shift in US monetary policy, aimed at strengthening negotiating leverage while preventing a sudden surge in inflation, has led to a modest decline in US Treasury bond yields, which in turn has bolstered demand for gold. Meanwhile, the...
