Submitted Mar 25, 2025|From @financialjuice

Australia sees unemployment rate at 4.25% in 2024/25 and staying there through 2027/28 Australia sees GDP growth at 1.5% in 2024/25, 2.25% in 2025/26, 2.5% in 2026/27 Australia sees 2024/25 budget deficit of a$27.6 bln, 2025/26 deficit of a$421 bln. Australia sees CPI inflation at 2.5% in 2024/25, 3.0% in 2025/26, and 2.5% through 2027/28 Australia sees net debt rising to 23.1% of GDP in 2028/29

Submitted Mar 25, 2025|From dailyforex.com|2 comments

The EUR/USD exchange rate continued its downward trend this week and is hovering near its lowest level since March 5. It has dropped in the past four straight day, moving downwards by 1.55% from its highest level this year. Risk-on sentiment ...

Submitted Mar 25, 2025|From brecorder.com

Copper prices in London were marginally lower on Tuesday as a stronger dollar weighed, but a further fall was checked as traders priced in the likelihood of increased supplies to the US amid potential tariff concerns. The benchmark three-month ...

Submitted Mar 25, 2025|From fxdailyreport.com

Natural gas has formed lower highs and slightly lower lows to create a falling wedge pattern, with price bouncing off support currently. A pullback to nearby resistance levels marked by the Fibonacci retracement tool could be in order. The 38.2% Fib ...

Submitted Mar 25, 2025|From cmegroup.com

In the first two weeks of March, prices of crypto assets such as bitcoin, ether and solana (SOL) fell sharply despite what seemed like good news: a more favorable regulatory environment and an executive order paving the way for the creation of a ...

Submitted Mar 25, 2025|From channelnewsasia.com

South Korea's Hyundai Steel will invest $5.8 billion along with Hyundai Motor Group to build a steel plant in the U.S. state of Louisiana with an annual capacity of 2.7 million tonnes, the company said in a regulatory filing on Tuesday. Hyundai ...

Submitted Mar 25, 2025|From cnbc.com

British oil major Shell on Tuesday announced plans to increase shareholder returns and cut spend, as it doubles down on its liquified natural gas (LNG) push. In an announcement ahead of its Capital Markets Day 2025 event, the company said it would ...

Submitted Mar 25, 2025|From brecorder.com

China’s yuan fell to a two-week low against the US dollar on Tuesday, as the central bank’s support efforts were overshadowed by the dollar’s strength and tariff concerns ahead of President Donald Trump’s looming deadline. Prior to the market ...

Submitted Mar 25, 2025|From morningstar.com

Sentiment at the U.S. central bank has subtly shifted toward fewer rate cuts, even as White House calls for action Atlanta Fed President Raphael Bostic said Monday that he now sees only one interest-rate cut this year. That's down from his earlier ...

Submitted Mar 25, 2025|From euractiv.com

A global trade war is looming – and the EU is desperately trying to prevent it. Maroš Šefčovič, the European Commission's trade chief, will meet his American counterparts in Washington today before travelling to Beijing on Thursday for talks with ...

Submitted Mar 24, 2025|From fredblog.stlouisfed.org

Expectations about inflation are an important indicator of actual future inflation: If market participants expect inflation to be higher, they may elevate prices, increasing the actual inflation rate and creating a self-fulfilling prophecy. In this ...

Submitted Mar 24, 2025|From fxdailyreport.com|1 comment

Gold futures slipped to kick off the trading week as investors shifted their attention to equities on a potentially softer trade policy stance from the current administration. April gold futures dipped 0.2% to $3,015.60 per ounce on Monday on the ...

Submitted Mar 24, 2025|From oilprice.com

Last year, British multinational oil & gas giant, Shell Plc (NYSE:SHEL) threatened to delist from the London Stock Exchange (LSE) and list on the New York Stock Exchange (NYSE). Shell CEO Wael Sawan told Bloomberg that the company is grossly ...

Submitted Mar 24, 2025|From kitco.com

Gold prices are rangebound following the recent pullback as traders have turned their attention to PCE inflation data and tariff updates for direction on the next move in the gold market, according to analyst James Hyerczyk at FX Empire. “Gold ...

Submitted Mar 24, 2025|From thestreet.com

MicroStrategy, which recently rebranded to “Strategy,” has once again added to its massive Bitcoin stash. In a regulatory filing on March 24, the company revealed that it purchased 6,911 BTC between March 17 and March 23 for approximately $584.1 ...

Submitted Mar 24, 2025|From finance.yahoo.com|5 comments

President Donald Trump appeared to invent a new weapon of economic statecraft on Monday by threatening what he dubbed “secondary tariffs” on countries that buy oil from Venezuela to choke off its oil trade with other nations. The threat, delivered ...

Submitted Mar 24, 2025|From think.ing.com

Oil prices rose yesterday after President Trump announced 25% US tariffs on any country buying Venezuelan oil. The news helped ICE Brent break above US$73/bbl, settling at its highest since late February. Oil, along with broader risk assets, also ...

Submitted Mar 24, 2025|From cryptobriefing.com

Binance has suspended an employee after an internal investigation revealed the individual engaged in insider trading linked to a token generation event (TGE), according to a Monday announcement from Binance Wallet’s X account. tweet According to ...