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The precious metal gold price continues to trade sideways around 1,944 level as traders braces for the series of economic events from the U.S. economy. The U.S. Jobless Claims, Prelim GDP, and Fed Chair Jerome Powell speech may drive price action in gold prices. Checkout gold price forecast video.
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Safran lifts full-year revenue and cash flow forecasts Jet engine maker and aerospace supplier Safran on Friday revised up its 2022 revenue and free cash flow forecasts, as its quarterly revenue was bolstered by a strong dollar.The company said it now projected full-year revenue of EUR 19 […]
New Zealand dollar unchanged versus US peer New Zealand dollar remained almost without change against its US counterpart on Tuesday, as demand for the US dollar was still underpinned by ongoing expectations that US central bank will reduce scale of asset purchases by the end of […]
Forex Market: NZD/USD daily forecast During yesterday’s trading session NZD/USD traded within the range of 0.8472-0.8519 and closed at 0.8505.At 8:07 GMT today NZD/USD was losing 0.15% for the day to trade at 0.8487. The pair touched a daily low at 0.8484 at 6:55 GMT. […]
Alcoa share price down, to acquire RTI International Metals for $1.5 billion Alcoa Inc announced on Monday it would bolster its business portfolio by acquiring titanium supplier RTI International Metals Inc as the metals company sticks with its bet on the aerospace industry.The New York-based company said the […]
Germany’s jobless rate rises to 31-month high Germany's seasonally adjusted unemployment rate was reported to have risen to 5.9% in December from a revised down 5.8% in November.It has been the highest rate of unemployment since May 2021, as the number of unemployed persons […]
WTI Climbs on Middle East Tensions, U.S. Inventory Data Key Moments:
WTI trades near $85.50 per barrel in Asian hours after a prior session pullback, supported by escalating U.S.-Iran tensions.
UAE suspends all financial and economic dealings with Iran following alleged missile […]