Dorothea

Big money managers are starting to jump on the gold bandwagon as inflation worries grow. Over the last few weeks, gold held its ground despite headwinds including a strong dollar and rising bond yields. Geopolitical tensions have supported safe-haven buying but it appears a new player is entering th

Japan’s top currency diplomat Masato Kanda said on Thursday that the G7 statement reconfirmed commitment on forex on the back of the stance put forward by Japan. More to come … Share: Feed news

The Canadian dollar is almost unchanged on Thursday, after sliding 0.8% a day earlier. In the European session, USD/CAD is trading at 1.3569, up 0.04%. BoC holds interest rates There were no surprises from the Bank of Canada, which maintained the cash rate at 5%. This marked a sixth straight pause a

Consumer confidence in the US weakened in early April. UoM survey showed one-year and five-year inflation expectations edged higher. Consumer confidence in the US weakened in early April, with the University of Michigan's Consumer Sentiment Index edging lower to 77.9 from 79.4 in March. This reading

On the radar March’s inflation rate in Romania arrived at 6.6% y/y while in Hungary it landed at 3.6% y/y. Today, Serbia’s central bank holds a rate setting meeting. Economic developments Today, we summarize inflation rate development in March and throughout the first quarter. In Czechia and Poland

Last week ended with the US Employment Situation Report. Markets witnessed a monster beat for employment growth; the US economy added more than 300,000 jobs in the month of March versus a median estimate of 210,000 (prior data: small downward revision from +275,000 to +270,000). This marked the larg