Switzerland’s economic outlook has dimmed as the KOF Leading Economic Indicator fell sharply by 3.4 points to 99.5, down from a revised 102.9, and missed market expectations of 101.1. This notable decline highlights concerns about a potential...
The upside potential for gold prices remains supported as rising expectations for aggressive policy easing by the Federal Reserve (Fed) take center stage. Recent data revealed that US job growth over the past year was weaker than initially...
The Australian Bureau of Statistics revealed that the Australian economy expanded at a slower-than-anticipated pace, growing by 0.8% year-on-year compared to 1% in the prior quarter. Economists had forecast annualized Q3 GDP growth of 1.1%. Every...
The spot price faces notable headwinds as crude oil prices remain subdued. Canada, being the largest crude oil exporter to the United States, is particularly sensitive to fluctuations in oil prices. West Texas Intermediate (WTI) crude has hovered...
The GBP/AUD pair remains in a robust uptrend, with a projected rise of 85 to 127 pips, contingent on its ability to stay above the key support level at 1.9710. This support level serves as the linchpin for the pair’s bullish momentum and will be...
