Gold Rush: CPI Data and Federal Reserve Speculation Drive Surge
By Camilo Botia The surge in gold prices has been notably influenced by the latest Consumer Price Index (CPI) data in the U.S., triggering an upward movement following a simultaneous downturn in the U.S. dollar. This shift in market dynamics has fueled speculation that the Federal Reserve might be considering pausing its ongoing interest rate […]
China’s Economic Weakness: Indicators, Causes, and Recovery Prospects
By Samir Al Khoury Economic indicators in China, the world’s second-largest economy, reveal signs of weakness in the ongoing recovery. In October, both manufacturing and non-manufacturing purchasing managers’ numbers disappointed, with the manufacturing sector contracting to 49.5 points, falling below the expected 50.2 points. The non-industrial sector showed growth at 50.6 points but below expectations […]