Australia’s Central Bank Revises Up Inflation Forecasts As Further Rate Hikes Flagged
by Australia’s central bank on Friday revised up its forecasts for core inflation and wages growth and warned of further increases in interest rates, raising the …
Tag: demand
Gold steady, Copper Rises Amid Smaller Rate Hike Expectations
Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at …
Oil Extends Gains on China reopening Hopes, Tightening Supply
Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost the country’s crude demand, while …