Gold retreats from all time highs as US Manufacturing PMI rises above 50.0
Gold price (XAU/USD) faces selling pressure near fresh all-time highs around $2,265 in Monday's early New York session.
Source: fxstreet.com
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Top News In Quantitative Easing Today - Breaking & Trending Today
Xi's Cryptic Bond Comments Hint at PBOC Becoming More Like Fed
(Bloomberg) -- A resurfaced speech from Chinese President Xi Jinping suggests policymakers may start trading government bonds to regulate liquidity in the market, pushing the nation toward strategies used by the Federal Reserve and other major central banks around the world. Most Read from BloombergTrump’s Net Worth Drops $1 Billion as Social Media Firm SinksErdogan Suffers Historic Loss in Turkey Municipal ElectionsCaribbean Golden Passport Cost Soars to $200,000 on EU CrackdownTesla Has Wall S
Source: yahoo.com
US core PCE inflation Preview: Federal Reserve preferred gauge set to decelerate on month in February
The core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 12:30 GMT.
Source: fxstreet.com
China's central bank keeps 'cautious' in bond trade despite Xi Jinping's mandate
Even after President Xi Jinping has asked for China’s central bank to trade government bonds, the outcome is likely to remain limited as the bank does not want to trigger negative outcomes for inflation and exchange rates.
Source: scmp.com
Gold flirts with weekly top, bulls await sustained move beyond $2,200 mark
Gold price (XAU/USD) continues with its struggle to make it through the $2,200 mark and oscillates in a range during the Asian session on Thursday.
Source: fxstreet.com