News

Fed Rate Cut Fails to Rescue US Housing Market; Sept. Sales Hit 14-Year Low

On Wednesday, according to data from the National Association of Realtors (NAR), existing home sales in the United States hit a low not seen in about 14 years in September, as potential homebuyers ant...

Oct-02 , 2024

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Gold Hits $2,750新高, Could Reach $3,000 Soon?

Boosted by multiple favorable factors, gold prices continue to rise strongly.On October 22nd, spot gold increased by more than 1%, approaching $2,750 per ounce, setting a new historical high. By Octob...

Oct-01 , 2024

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Post-Pandemic High Inflation Ends: Canada Leads G7 with 50 Basis Point Rate Cut, Eyes Soft Landing

On Wednesday, October 23rd, the Bank of Canada announced a rate cut of 50 basis points, marking the largest reduction since the early stages of the COVID-19 pandemic in March 2020, aligning with marke...

Sep-28 , 2024

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Gold Dives by $40! Is Correction Temporary?

Gold prices retreated on Wednesday due to profit-taking, but analysts say the outlook for gold remains bullish across the board, with attention to support levels in the short term...After setting cons...

Sep-24 , 2024

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Bank Deposit Rates Cut Again

Recently, six major state-owned banks in China, including Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China (ABC), China Construction Bank (CCB), Bank of China (BOC), Bank of ...

Sep-10 , 2024

News

Fed Beige Book: Little Change in Economic Activity, Inflation Remains Mild

On Wednesday, the Federal Reserve indicated in its latest "Beige Book" report that since early September, economic activity in most regions of the United States has remained largely unchanged, with tw...

Sep-02 , 2024