About: anakin

Recent Posts by anakin

After a week of losses, gold dropped over 3% as trade policies and recession concerns strengthened the USD.

Gold prices fell over 1% due to a stronger US Dollar and trade policy concerns amid economic uncertainty.

In Australia, Q4 2024 Business Inventories rose 0.1%, surpassing expectations, boosting GDP forecasts.

Australia’s business inventories rose 0.1% in Q4 2024, while operating profit surged 5.9%, exceeding expectations.

After the US PCE data, the AUD/USD pair fell to a three-week low around 0.6200.

AUD/USD fell 0.54%, nearing 0.6200, impacted by tariffs, weak Australian data, and US PCE figures.

Japan’s February Manufacturing PMI recorded 49.0, indicating ongoing contraction amid weak global demand challenges.

Japan’s Manufacturing PMI rises to 49.0 but remains in contraction amid weak demand, rising costs, and uncertainty.

Australia’s CFTC reported an increase in AUD NC net positions, rising from $-56.7K to $-45.6K.

Australia’s AUD sentiment improves; AUD/USD rises on China’s PMI. USD/JPY drops; gold rebounds on uncertainty. Focus: NFP, ECB.

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