US: Dallas Fed Manufacturing Index plunges to -17.7 in June vs. -3.1 expected
Dallas Fed Manufacturing Index fell sharply in June. US Dollar Index continues to fluctuate near
Gold Price Forecast: XAU/USD advances to near $1,840 as G7 bans Russian gold imports
Gold price has given an upside break of $1821.25-1,831.87 as G7 bans Russian gold exports.
IMF cuts 2022 US GDP growth to 2.9%, says path to avoiding a recession is ‘narrowing’
The US Gross Domestic Product (GDP) is now expected to grow 2.9% in 2022, lower
Gold Price Forecast: XAU/USD sees upside above $1830 ahead of downbeat US Durable Goods Orders
Gold price is expected to display an upside movement above $1,830.00. A downbeat performance looks
IFO’s Economist: The worry lines in the German economy are getting bigger
Following the release of the German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that
German IFO Business Climate Index drops to 92.3 in June vs. 92.9 expected
German IFO Business Climate Index came in at 92.3 in June. IFO Current Economic Assessment
US: New Home Sales rise by 10.7% in May
New Home Sales in the US rebounded sharply in May. Wall Street's main indexes continue
UK Retail Sales drop 0.5% MoM in May vs. -0.7% expected
The UK Retail Sales came in at -0.5% MoM in May, beat estimates Core Retail Sales
US: S&P Global Services PMI falls to 51.6 in June vs. 53.5 expected
S&P Global Services PMI for the US fell sharply in June. Major equity indexes in
US: S&P Global Manufacturing PMI drops to 52.4 in June vs. 56 expected
US manufacturing sector lost growth momentum in early June. US Dollar Index clings to modest