Gold price (XAU/USD) trades in positive territory around $4,050 during the early Asian session on Monday.…
Category: Forex
China’s CPI inflation arrives at 0.2% YoY in October vs. 0% expected
China’s Consumer Price Index (CPI) rose 0.2% in October from a year ago after arriving at a fall of…
Marked decline in Russian Oil exports – Commerzbank
The US sanctions against Russia’s two largest Oil companies announced by US President Trump two weeks…
Libya aims to further increase Oil production – Commerzbank
In recent days, there have been reports indicating a further increase in Oil production in Libya,…
Canadian Unemployment Rate came in at 6.9% in October
Canada’s Unemployment Rate ticked lower to 6.9% in October (from 7.1%), coming in below analysts’ expectations,…
Gold ETFs continued to attract inflows in October – Commerzbank
Yesterday, the World Gold Council published data on Gold ETFs in October, Commerzbank’s commodity analyst Carsten…
Data from China justifies Copper price correction – Commerzbank
The Copper price has recently fallen significantly from its record high at the end of October…
Euro gains against Pound as BoE signals dovish shift
The Euro (EUR) edges higher against the British Pound (GBP) on Friday, snapping a two-day losing…
Gold consolidates near $4,000 amid cautious sentiment
Gold (XAU/USD) trades slightly firmer on Friday, holding within the familiar $3,900-$4,050 range as the prolonged…
UoM Consumer Sentiment Index falls to 50.3 in November vs 53.2 expected
Consumer confidence in the United States (US) continued to deteriorate in November, with the University of…