On Monday, August 11, gold prices on the Comex exchange decreased by 2.2% to $3,414.6 per troy ounce according to December futures. This drop followed the historical high of $3,534.1, recorded on August 8.The reason for the drawdown was concerns that the United States would impose duties on gold bars from Switzerland weighing 1 kg and 100 ounces (2.8 kg), which, according to the Customs and Border Protection Service, fall under the relevant customs code. Later, the media reported that the admini... Read More
Exports of Japan dropped in September for the first time since 2016 due to lesser shipments to... Read More
Japanese manufacturers’ confidence grew in October but the forecast for the next quarter is for it t... Read More
The Industrial output in the eurozone has exceeded expectations in August after its negative... Read More
A strong domestic demand will push the increase of German growth by 1.8 percent for 2018 and the... Read More
China’s export rose at a slower rate in September dropped down at a slower rate in September, i... Read More
Investor’s confidence in the eurozone dropped more than the forecast in October based on the survey ... Read More
China’s service sector rose at the quickest pace in July quarter due to pick-up in demand according ... Read More
Household spending rose in August at the fastest annual rate in three years due to higher... Read More
The US services sector grew to a 21-year high in September, supporting employment of most companies... Read More
German services growth reached an 8-month high in September based on the survey on Wednesday which... Read More
The central bank of Australia has been going steady for the 26 consecutive months on Tuesday,... Read More
The manufacturing activity of Japan grew steadily in September based on the revised survey on... Read More
