The manufacturing sector in New Zealand fell back into contraction territory in June, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 49.7. more...
The unemployment rate in Australia came in at a seasonally adjusted 3.5 percent in June, the Australian Bureau of Statistics said on Thursday - beating expectations for 3.8 percent and down significantly from 3.9 percent in May. more...
The Labor Department released a highly anticipated report on Wednesday showing U.S. consumer prices surged by more than expected in the month of June. The report showed the consumer price index shot up by 1.3 percent in June after jumping by 1.0 percent in May. Economists had expected consumer prices to leap by 1.1 percent. more...
Producer prices in Japan were up 0.7 percent on month in June, the Bank of Japan said on Tuesday. more...
With major central banks still raising interest rates and inflation expectations receding, the environment remains difficult for gold prices. And the daily price is testing 1,736 fibo support level for the primary bearish trend to be continuing. more...
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