News
Important Only
Investing.comTue, Aug 20
UBS targets platinum price of USD 1,100/oz by mid-2025
NZD/USD rises over half a percent as Kiwi gains support from trade data
Investing.comTue, Aug 20
Jackson Hole preview: Worries Fed is 'behind the curve' ramp up focus
FxstreetTue, Aug 20
Oil: OPEC+ set to postpone the expansion of production – Commerzbank
Gold set to trade near current $2,500 by year-end – Commerzbank
Investing.comTue, Aug 20
UBS maintains long-term negative view on palladium
Commodities
Gold rallies to new highs on rising China demand, weaker Dollar
Gold (XAU/USD) trades up to a new all-time high in the $2,520s on Tuesday on the back of news of solid demand from China, a weakening US Dollar (in which the precious metal is mostly priced), and continued geopolitical risks stemming from the Middle East, where peace talks are at risk of running aground.Fxstreet
Tue, Aug 20
Indices
US Dollar losses mount, almost erasing all 2024 gains in silent siege
The US Dollar (USD) extends losses on Tuesday after getting sucker-punched on Monday, with all eyes on the US Federal Reserve Jackson Hole Symposium in Wyoming, where Fed Chairman Jerome Powell is set to deliver a pivotal speech.Fxstreet
Tue, Aug 20
Economic Indicator
Bundesbank: German economic output could increase slightly in Q3
Germany’s central bank, the Bundesbank, said in its monthly economic report published on Tuesday that the “German economic output could increase slightly in Q3.” Additional takeaways German economic output could increase slightly in Q3.
Fxstreet
Tue, Aug 20
