China’s Gold demand weakens as price reaches new record highs – Commerzbank
The upside potential in the Gold market may have been largely exhausted after the new record high of $2,600 per troy ounce, ...
Gold price marks another record high – Commerzbank
Gold rises to new highs after the Fed's 50-basis-point interest rate cut. According to Fed Funds Futures, a further interest ...
EUR/USD: Encounters better selling pressure in upper 1.11s – Scotiabank
“The intraday chart reflects better selling pressure developing in the upper 1.11s over the past day or so as investors book profits on EUR longs. Price action is neutral on the intraday chart but ...
BoC's Macklem: AI could destroy more jobs than it creates
Bank of Canada Governor Tiff Macklem said on Friday that the adoption of artificial intelligence (AI) could add to inflationary pressures in the near term, per Reuters. "AI, combined with a more shock ...
Switzerland didn’t ship any Gold to China in August – Commerzbank
“It was noteworthy that there were no shipments to China and only minimal shipments to Hong Kong. The last time this happened was in January 2021. Almost no Gold was shipped to the US either. There ...