Monthly Archives: March 2025

With US and Russian officials in talks, gold approaches $2,950, buoyed by easing CPI data

Written on March 13, 2025 at 9:12 pm, by

Gold nears $2,950 as weaker inflation boosts rate-cut expectations; resistance at $2,947, with support around $2,913.

Timiraos from the WSJ indicates increased core PCE, with Pantheon Macroeconomics predicting 2.8% YoY

Written on March 13, 2025 at 8:47 pm, by

Core PCE may rise to 0.36%, with year-on-year growth reaching 2.8%, exceeding February’s figures.

XAG/USD approaches $33.40, buoyed by weak US PPI and CPI along with tariff concerns

Written on March 13, 2025 at 8:41 pm, by

Silver eyes a breakout above $33.40, driven by inflation data, Fed policy signals, and rising safe-haven demand.

Treasury Secretary Bessent emphasised the administration’s focus on the economy amid concerns over volatility

Written on March 13, 2025 at 8:17 pm, by

Treasury Secretary Bessent emphasized fiscal control, trade impacts, and economic stability while addressing government shutdown and tariffs.

In February, the US annual Producer Price Index increased by 3.2%, slightly below the forecasted 3.3%

Written on March 13, 2025 at 8:11 pm, by

Producer inflation in the US moderated as PPI rose 3.2% year-on-year, lower than January’s 3.7% increase.

Core PCE is expected by Pantheon Macroeconomics to rise to 2.8% and 0.36% MoM

Written on March 13, 2025 at 7:47 pm, by

Core PCE inflation to rise to 2.8% from 2.6%, with a 0.36% monthly increase in February.

Last week, the number of new unemployment insurance applications in the US decreased to 220K

Written on March 13, 2025 at 7:41 pm, by

US unemployment claims fell to 220,000, while continuing claims dropped to 1.87 million, strengthening the US dollar.

France’s trade minister asserts commitment to industry protection, rebuffing threats while monitoring market movements

Written on March 13, 2025 at 7:17 pm, by

France remains firm on protecting industries, while EURUSD and GBPUSD test key levels amid market declines.

Continuing Jobless Claims in the United States totalled 1.87 million, under the expected 1.9 million

Written on March 13, 2025 at 7:11 pm, by

Jobless claims decline, gold hits record $2,980, EUR/USD at 1.0850, GBP/USD at 1.2950, metaverse tokens correct.

US stocks remain lower but have climbed from their lows, while US yields and USD increase

Written on March 13, 2025 at 6:47 pm, by

US stocks decline before PPI; yields rise; EURUSD drops on tariffs; USDJPY and GBPUSD hold key levels.

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