Governments are quietly pumping money into the system, and smart investors are turning to gold and Bitcoin to protect their wealth Right now, something big is happening with the world’s money system—but it’s not being talked about loudly. Instead of central banks like the Federal Reserve creating money directly, banks themselves are stepping in by
On the radar PPI in Czechia was released at -1.3% y/y in April. Today, Slovakia will publish wage growth and current account balance. There are no other releases scheduled. Economic developments Yesterday, the European Commission released their spring edition of economic forecasts, which projects real GDP growth in 2025 at 1.1% in the EU and
XAU/USD Current price: $3,280.87 Central banks keep citing US President Trump’s policies as a source of concern. The US Congress will discuss a bill on tax cuts, which will add to the country’s massive debt. XAU/USD pressures fresh one-week highs, aiming to extend its advance. Gold surged during US trading hours on Tuesday, hitting a
Gold’s upward direction seems to have survived Trump’s inauguration yesterday and there do not seem to be any major financial releases from the US that could shake gold’s price until our next report hence we are to focus on gold’s fundamentals for direction in the current report. For a rounder view, we conclude the report
RBNZ Assistant Governor Karen Silk said in an interview on Friday that the New Zealand central bank is taking a measured approach to rate cuts. Key quotes Uncertainty remains on how quickly inflation will subside. Bank is taking a measured approach to rate cuts. The behavior of price inflation is crucial for the cash rate path