Economic Indicators
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Gold Demand Reaches New Heights as Third Quarter Sees Record Growth
In Q3 2023, gold demand increased by 3 percent year-over-year. It even managed to touch…
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Gold Prices Face Correction as Record Highs Fade
Gold prices have reached all-time highs in recent weeks, driven by a unique confluence of…
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FTSE 100 Faces First Daily Loss After Ten Consecutive Gains
The FTSE 100 share index is set to record its first daily decline in nine…
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Business Confidence and Conditions Reach Two-Month High
Business conditions in Australia have seen a substantial bounce back – hitting a two-month high…
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Indonesia Set for Economic Rebound Amid Rate Cut Expectations
Having held its benchmark rate since May, Bank Indonesia is expected to lower the interest…
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Canada Reaffirms Stance Against Full Trade Deal with China Amid Market Uncertainty
For its part, Canada has been pretty firm that it’s “not looking for” a full-blown…
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EUR/USD Soars Towards 1.2000 as US Dollar Faces Pressure
Meanwhile, the euro currency against the US dollar or EUR/USD is climbing higher and trying…
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Gold Surges Above $5,000 Amid Geopolitical Tensions and Fed Chair Speculations
Gold’s performance was particularly remarkable in the last few trading days. Not only did it…
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USD/NOK Faces Final Wave Decline as Key Support Approaches
In technical terms, the USD/NOK currency pair has recently completed an extensive wave 4 corrective…
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Gold Surpasses US$5,100 as Market Dynamics Shift
Gold made history too, crossing the US$5,000 threshold before reaching an all-time high above US$5,100.…