Gold Hits All-Time High Amid Global Economic Uncertainty
Gold surged to an all-time high of $2,800 per ounce on Friday, driven by growing investor concerns over geopolitical and economic stability. The rally was sparked by U.S. President Donald Trump’s recent reiteration of tariff threats, reigniting fears of potential...
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ECB Cuts Interest Rates: A Cautious Step Toward Stability
In January 2025, the European Central Bank (ECB) lowered its key interest rates by 25 basis points, aligning with market expectations. The deposit facility rate now stands at 2.75%, the main refinancing rate at 2.90%, and the marginal lending rate...
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Germany’s Economy Contracts: A Deeper Look at the Challenges
Germany’s Economy Contracts by 0.2% in the final quarter of 2024, following a modest 0.1% expansion in Q3. This contraction was sharper than analysts’ expectations of a 0.1% decline, according to preliminary estimates. The primary driver of this downturn was...
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Federal Reserve Holds Interest Rates Steady in January 2025
The Federal Reserve decided to keep the federal funds rate unchanged at the 4.25%-4.5% range during its January 2025 meeting, aligning with market expectations. This move marks a pause in the Fed’s rate-cutting cycle after three consecutive reductions in 2024...
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Germany’s Consumer Confidence Drops Further in February 2025
Germany’s Consumer Confidence Climate Indicator fell to -22.4 for February 2025, down from a revised -21.3 in the previous period. This decline was sharper than expected, as market forecasts had predicted a milder drop to -20. The data highlights ongoing...
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Australia’s Inflation Rate Falls to 2.4% in Q4 2024
Australia’s inflation rate dropped to 2.4% in Q4 2024, down from 2.8% in Q3, marking the lowest level since Q1 2021. This decline was slightly better than market expectations of 2.5%. The primary driver behind this slowdown was a significant...
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US Durable Goods Orders Decline in December 2024
In December 2024, the US Durable Goods decline in new orders for manufactured durable goods, with total orders falling 2.2% month-over-month, reaching $276.1 billion. This decrease marked a significant departure from market expectations, which had forecast a modest increase of...
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Nvidia’s $593 Billion Loss: A Record-Breaking Market Drop
On Monday, Nvidia made history for all the wrong reasons. The tech giant’s stock plummeted by a staggering 16.9%, resulting in a $593 billion loss in market value—marking the largest one-day drop in U.S. stock market history. This sudden decline...
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Business Confidence Trends in Australia: December 2024
In December 2024, Business Confidence Trends in Australia index saw a slight improvement, ticking up to -2 from -3 in November. While this marks the second consecutive month of negative sentiment, the marginal improvement suggests a cautiously optimistic outlook among...
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Gold and Precious Metals Prices Decline as the US Dollar Gains Strength
Gold prices fell in early Asian trading on Monday, reversing the significant gains seen last week, as the US dollar strengthened in response to escalating trade tensions between former President Donald Trump and Colombia. Investors are also awaiting the Federal...
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