Gold rebounds from 1-week trough as recovery fears resurface
Aug 20, 2020 06:44 am UTC| Commentary
Gold prices rebounded from a 1-week low hit in the previous session after the U.S. Federal Reserve raised concerns that a recovery from the coronavirus-induced economic slump faced a highly uncertain path. Spot gold was...
Bank Indonesia keeps key interest rate on hold at 4 pct
Aug 19, 2020 13:05 pm UTC| Commentary Central Banks
Bank Indonesia kept its key interest rate on hold today at 4 percent, as anticipated, citing a desire to maintain external stability. Todays decision reflects a desire to maintain external stability. The IDR has been the...
Gold eases below $2,000 as greenback steadies ahead of FOMC minutes
Aug 19, 2020 06:58 am UTC| Commentary
Gold prices declined below $2,000 an ounce after rising to a 1-week peak in the previous session as the dollar steadied, while investors await minutes from the U.S. Federal Reserves last policy meeting. Spot gold was...
U.S. housing starts rise sharply above expectations in July
Aug 18, 2020 16:54 pm UTC| Commentary
U.S. housing starts rose sharply by 22.6 percent sequentially to 1.50 million units in July. The data for July succeeded market expectations of a rise of 5 percent to 1.24 million units. Furthermore, the data for June and...
Aug 18, 2020 13:10 pm UTC| Commentary
Malaysian headline inflation strengthened a bit on a sequential basis in the month of July. On a month-on-month basis, the consumer price inflation rose 0.7 percent, mainly driven by the Transport components, which...
Gold rallies to 1-week peak on weaker dollar
Aug 18, 2020 08:19 am UTC| Commentary
Gold prices rallied to a 1-week peak on the back of a weaker dollar, although a rally in U.S. equities and signs of a recovery in global economic activity limited upside. Spot gold was trading 1.1 percent higher at...
Gold nudges higher as investors remain cautious ahead of Fed minutes
Aug 17, 2020 07:38 am UTC| Commentary
Gold prices nudged higher, reversing some of its previous session losses as investors turned cautious ahead of the release of U.S. Federal Reserve minutes later this week. Spot gold was trading 0.3 percent higher at...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects