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    21 March 2025
    Despite recent highs, gold struggles to regain losses prior to US trading, continuing its downward trend

    Gold stays positive for the week, trading near $3,030 amid geopolitical tensions, tariff concerns, and technical resistance.

    21 March 2025
    The AUDUSD faced downward pressure after failing to maintain gains above crucial moving averages

    AUDUSD faces selling pressure below key moving averages, with support at 0.6254-0.6268 crucial for further declines.

    21 March 2025
    Austan Goolsbee, President of Chicago Fed, emphasised patience amidst economic uncertainty during a CNBC interview

    Goolsbee stresses patience amid uncertainty, highlighting business anxiety, tariffs’ impact, and the Fed’s long-term approach.

    21 March 2025
    The technology sector falters while defense stocks rise, reflecting changing investor strategies and caution

    Tech struggles as Nvidia falls, while industrials, led by defense stocks, thrive. Investors shift towards stability.

    21 March 2025
    In February, Canada’s Year-on-Year New Housing Price Index holds steady at 0.1%

    Canada’s housing prices rose 0.1%, USD strengthened, gold nears $3,000, and US SEC discusses crypto regulation.

    21 March 2025
    Stournaras expressed expectations for an April rate cut while discussing terminal rates and fiscal stimulus

    Market expects 64% chance of ECB rate cut in April; Stournaras supports, citing fiscal stimulus and equilibrium needs.

    21 March 2025
    In February, Canada’s monthly New Housing Price Index surpassed expectations, recording a 0.1% increase

    Canada’s New Housing Price Index rose 0.1% in February, exceeding forecasts, signaling housing market trends.

    21 March 2025
    The USDCHF shows upward momentum above key moving averages, with resistance around 0.8845 and 0.8862

    USDCHF bounced from 0.8755 after SNB rate cut, encountering resistance at 0.8845 while maintaining short-term bullish momentum.

    21 March 2025
    Retail sales in Canada, excluding automobiles, rose by 0.2%, surpassing the predicted decline of 0.2%

    Canada’s retail sales rose 0.2% in January, exceeding forecasts, indicating positive consumer spending trends and economic momentum.

    21 March 2025
    In January, Canadian retail sales decreased by 0.6%, falling short of the anticipated 0.4% decline

    Canada’s retail sales fell 0.6% in January, missing expectations and signaling ongoing challenges in consumer spending.

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