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Gold Price Forecast: 'Buy the dips' in XAU/USD, as focus shifts to Fedspeak, US data - Vimarsana News

Gold Price Forecast: 'Buy the dips' in XAU/USD, as focus shifts to Fedspeak, US data

Gold price has returned to the red near $2,170 early Wednesday, notwithstanding Tuesday’s uptick to the $2,200 level.

China's recovery set to be 'slow and bumpy' in 2024 - Vimarsana News

China's recovery set to be 'slow and bumpy' in 2024

China looks all but certain to hit its growth goal of about 5 percent for 2023, shifting attention to whether deflation risks, the housing crisis and a lingering confidence crunch will derail efforts to build momentum this year.  Data due on Wednesday will likely show China’s gross domestic product expanded…

China's Recovery Is Set to Be 'Slow and Bumpy' in 2024 - Vimarsana News

China's Recovery Is Set to Be 'Slow and Bumpy' in 2024

(Bloomberg) -- China looks all but certain to hit its growth goal of about 5% for 2023, shifting attention to whether deflation risks, the housing crisis and a lingering confidence crunch will derail efforts to build momentum this year. Most Read from BloombergTesla Gets a $94 Billion Reality Check as EV Winter Sets InTaiwan Elects US-Friendly President, Defying China WarningsIran Wins With US Airstrikes on Houthis in YemenBill Ackman Is Bringing Activist Playbook to America’s Culture WarsTrump

Source: yahoo.com
The week ahead – Fed, ECB and Bank of England rate decisions - Vimarsana News

The week ahead – Fed, ECB and Bank of England rate decisions

Fed decision – 13/12 – When the Federal Reserve kept rates unchanged back in November for the second meeting in a row there was still the distinct possibility that the final meeting of 2023 would provide the possibility of one more rate rise to round off the year in line with Fed policymakers dot plot forecasts of 5.6%.

MARKET REPORT: Poor outlook for luxury goods sector, HSBC warns - Vimarsana News

MARKET REPORT: Poor outlook for luxury goods sector, HSBC warns

HSBC warned that three years of 'exceptional growth' - some fuelled by revenge buying following the post-pandemic reopening - was coming to an end.