The Reserve Bank of Australia expects core inflation to remain above its target range until mid-2026, as consumer demand and house prices grow faster than expected, limiting the scope for further rate cuts. The Reserve Bank of Australia on Tuesday left its cash rate unchanged at 3.60% as expected, having cut rates three times this year in February, May and August. In a statement, the Reserve Bank of Australia said recent data, including stronger economic growth, stubborn inflation and a still ti...
On October 23rd, Goldman Sachs maintained its target price for gold to reach $4,900 per ounce by the end of 2026. Goldman Sachs said that due to the growing interest in gold as a strategic portfolio diversification tool, we still believe that the risk of gold prices breaking through the forecast target of $4,900 by the end of 2026 is increasing. We believe that "sticky" and structured buying will continue.
Goldman Sachs maintains its target price for gold to reach $4,900 an ounce by the end of 2026. Goldman Sachs said that due to the growing interest in gold as a strategic portfolio diversification tool, we still believe that the risk of gold prices exceeding the forecast target of $4,900 by the end of 2026 is rising. We believe that "sticky" and structured buying will continue. (Gold Ten)
US President Trump: Trade agreements with the European Union, Japan and South Korea have been completed. The original agreement with South Korea is maintained.
Gold and silver keep an eye out for rebound opportunities! The dollar may establish a short trend, the pound will keep an eye on the gains and losses of this resistance, and Europe and the United States will maintain high volatility... Click to view...
Senior US administration official: The European Union agreed to 15% tariffs on cars, semiconductors and pharmaceuticals, and agreed to maintain 50% tariffs on steel and aluminum.
U.S. President Donald Trump said Friday that he wants to maintain limits on the deployment of strategic nuclear weapons by the United States and Russia in the 2010 New START treaty, which expires next February. "You certainly don't want an agreement like this to expire. We're working on that," Trump told reporters as he left the White House for Scotland. It was the first time since Trump took office that he wants to maintain limits on the deployment of strategic nuclear weapons after the treaty ...
Interest rate decisions: 1. Interest rate decisions: cut interest rates by 25 BP as scheduled, maintaining its wording on the future path of interest rates; one member did not support the decision. 2. Economic expectations: GDP growth in 2025 is expected to remain unchanged, and GDP growth in 2026 is expected to be reduced from 1.2% to 1.1%. 3. Inflation expectations: inflation expectations in 2025 and 2026 are expected to be reduced from 2.3% and 1.9% to 2.0% and 1.6% respectively. 4. Trade sit...
Gold pays attention to whether it can test this phased high point, the US index is under obvious pressure, the pound US rebounds strongly, and Europe and the United States maintain a volatile pattern... Click to view...
On June 2, a reporter asked: Recently, there have been reports from the US side that China has violated the consensus of the Sino-US economic and trade talks in Geneva. What is the comment of the Ministry of Commerce on this? A: In a responsible attitude, China takes seriously, strictly implements and actively safeguards the consensus of the Geneva economic and trade talks. China is firm in safeguarding its rights and interests, and is sincere in implementing the consensus. The US has unilateral...