Inflation Data Adds Uncertainty to Fed’s Next Move The latest U.S. Consumer Price Index (CPI) report showed a 0.5% monthly increase in January, exceeding the 0.3% forecast. Year-over-year inflation rose to 3%, while core CPI climbed to 3.3%. This data reinforces expectations that the Federal Reserve will maintain elevated interest rates, which could limit gold’s
AUD/JPY holds ground as Australia’s Consumer Inflation Expectations rose to 4.6% in February from 4.0% prior. Market caution increased as the White House indicated that President Trump could unveil his reciprocal tariff plan on Thursday. Japan’s PPI rose 4.2% YoY in January, marking the highest reading since May 2023. AUD/JPY remains steady after registering gains
The multi-year lawsuit between the U.S. SEC and Ripple could be approaching its highly anticipated conclusion. Leading crypto payments company Ripple has endured a lengthy lawsuit from the SEC. The securities regulator introduced the lawsuit in December 2020, alleging that Ripple violated the law by raising $1.3 billion through its XRP sales to retail and
Copenhagen, Denmark – To Donald Trump, the United States president who presents himself as an adept dealmaker, Greenland appears to be an irresistible opportunity. He has long said he wants to buy the vast, semi-autonomous icy island that is part of Denmark, rich in untapped mineral resources and home to about 56,000 people. In 2019
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By GEIR MOULSON Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] BERLIN (AP) — Alternative for Germany appears to be heading for its strongest national election result yet this month and is fielding its first candidate to lead the country. Even though it’s highly unlikely to take a share of power soon, it has become
Germany’s top naval officer said “more than one” of its warships were recently sabotaged. A day before, a local report said a corvette-class vessel had metal shavings poured into its engine system. Without expressly accusing any party, the German naval chief warned of a growing threat from Russia. Germany’s naval chief said on Tuesday that
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EUR/USD is back at its Wednesday high, gold is higher than its China has proposed holding a Trump / Putin summit Taiwan’s Foxconn says it is open to buying a stake in Nissan New Zealand inflation expectations remained subdued in Q1 2025 The Wall Street Journal says Trump’s call for rate cuts defies inflation reality
Prime Minister Anthony Albanese says footage of hospital staff saying they would deny care is ‘sickening and shameful’. Police in Australia have launched an investigation into a video appearing to show two nurses at a Sydney hospital boasting about killing and denying treatment to Israeli patients. New South Wales Police Commissioner Karen Webb said on