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Gold prices are expected to rise higher this year, reaching $3,100 an ounce by year-end, according to Goldman Sachs. The investment bank believes that central bank demand and ETF holdings will contribute to the price increase. However, concerns about President Trump's tariffs could push gold prices even higher to $3,300 an ounce.

Published on: February 18, 2025, 01:01 PM UTC

Investor confidence in Germany's economy has surged, reaching its highest level in two years. The upcoming elections and potential interest rate cuts are contributing to this optimistic outlook.

Published on: February 18, 2025, 01:01 PM UTC

Nigeria's inflation falls from 34.8% to 24.5% in January, as revised data clouds interest-rate outlook for the central bank's MPC meeting in February.

Published on: February 18, 2025, 01:00 PM UTC

BOE Gov Bailey Calls for Less Bond Market Volatility, Points to US Tariffs for Uncertainty

Published on: February 18, 2025, 12:04 PM UTC

Recent US dollar strength has impacted the earnings of several S&P 500 companies across various sectors due to unfavorable foreign-exchange conversions. Tech giants like Apple and Alphabet, as well as consumer-facing brands such as McDonald's and Coca-Cola, have reported headwinds related to the dollar's rise. Analysts predict the dollar's strength may continue, driven by factors such as Trump's policies and the Federal Reserve's stance on interest rates.

Published on: February 18, 2025, 12:03 PM UTC

President Trump's promise to curb inflation grows complicated as January's CPI comes in hotter than expected. Economists warn his proposed tariffs could backfire, adding to inflationary pressures and potentially putting him on a "collision course" with the Federal Reserve.

Published on: February 18, 2025, 12:03 PM UTC

Tune in to Stocks in Translation on Apple Podcasts, Spotify, or your preferred podcast platform. This week, editor Caleb Silver breaks down the potential economic effects of President Trump's executive actions and proposed policies, examining implications for sectors like tech, green energy, and insurance.

Published on: February 18, 2025, 12:01 PM UTC

US stock futures trade higher ahead of a holiday-shortened week of trading with the release of minutes from the Fed's January meeting being the main focus.

Published on: February 18, 2025, 12:01 PM UTC

Gold prices could rise to $3,100 an ounce by year-end due to increased central bank demand, says Goldman Sachs. However, trade uncertainty could push prices even higher to $3,300. Gold has gained 9.7% this year and is hovering around record highs.

Published on: February 18, 2025, 12:01 PM UTC

Goldman Sachs raises its year-end gold target to $3,100 an ounce, citing central bank buying and inflows into bullion-backed ETFs.

Published on: February 18, 2025, 11:04 AM UTC