Gold Prices Surge as Investors Seek Safe-Haven Assets
Gold prices soared to $2,915 per ounce on Tuesday, approaching last week’s record high of $2,950. This sharp increase comes amid escalating trade tensions and growing investor demand for safe-haven assets. But what’s driving this rally, and what does it...
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Escalating Trade War: Trump’s New Tariffs on China, Canada, and Mexico
On March 4, 2025, U.S. President Donald Trump implemented a series of new tariffs targeting China, Canada, and Mexico. This move has reignited tensions between the countries involved and raised concerns about the potential for a wider global economic impact....
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Unexpected Decline in Japan’s Consumer Confidence
On March 4, 2025, Japan’s Consumer Confidence Index took an unexpected dip, sparking concerns about the country’s economic outlook. The index dropped to 35.0 in February, lower than January’s 35.2 and the market forecast of 35.7. This decline marks the...
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Reserve Bank of Australia Cuts Interest Rates
The Reserve Bank of Australia (RBA) reduced interest rates by 25 basis points to 4.1% in its February meeting. This marks the first rate cut since November 2020. The RBA’s decision was made with the aim of supporting economic growth,...
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Eurozone Inflation Declines in February 2025
The Eurozone’s annual inflation rate decreased to 2.4% in February 2025, down from 2.5% in January, slightly above the market’s forecast of 2.3%. This marks a continuation of a trend that suggests inflationary pressures may be easing in the region....
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