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BoE’s Mann: We are way above target on inflation
Bank of England (BoE) policymaker Catherine Mann said on Tuesday that they have to do a lot more work when inflation expectations drift away from the 2%…
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Iranian Oil defies sanctions amid rising global demand – Commerzbank
The fact that prices are not falling more sharply is mainly due to fears of further sanctions, Commerzbank's commodity analyst Barbara Lambrecht notes.…
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Gold hits record high on US shutdown fears – Commerzbank
Gold surged to a new all-time high above USD 3,850 per troy ounce, fueled by safe-haven demand amid looming US government shutdown concerns and continued ETF…
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Platinum is the outperformer of recent days – Commerzbank
However, Platinum has recorded by far the strongest gains in recent days: since the beginning of last week, the price has risen by around $200 or around 16%,…
Breaking: US JOLTS Job Openings rise to 7.22 in August vs. 7.2 million forecast
The number of job openings on the last business day of August stood at 7.22 million, the US Bureau of Labor Statistics (BLS) reported in the Job Openings and…
US CB Consumer Confidence Index dropped to 94.2 in September
US CB Consumer Confidence Index recedes in September.The US Dollar Index remains on the back foot near 97.80.US consumer sentiment lost momentum in September,…