Unexpected Turn to Negative! U.S. Retail Sales Fell 0.6% Month-on-Month in July, Marking the Largest Decline in Over a Year

Just as inflation begins to cool, U.S. consumer spending has suddenly weakened, making the Federal Reserve’s policy choices more nuanced and reducing the likelihood of multiple rate hikes within the year...

wallstreetcnAug 14 20:48

快讯 | 美国零售销售月率意外负增长

US July Retail Sales MoM -0.6% Vs +0.1% Forecast, Prior +0.2%

BreakingsAug 14 20:30

Silver Price Consolidates After Benign US Inflation Data

InvestingCubeAug 14 20:16

UBS Group forecasts that gold prices could challenge the $5,000 mark in the first half of next year, supported by declining real interest rates and central bank gold purchases.

In their latest report, UBS Group strategists stated that declining real interest rates will drive investors back to the gold market, while a weaker U.S. dollar and robust central bank gold purchases will jointly push gold prices toward the $5,000 per ounce mark in the first half of next year.

Zhitong FinanceAug 14 11:37

Divergence Among Fed Officials Emerges: Barkin Supports Holding Steady, Hammack Insists on Rate Hike

Richmond Fed President Thomas Barkin supports holding interest rates steady, arguing that inflation stems primarily from temporary shocks, but warns that AI investment and supply chain dynamics could exert persistent price pressures. Cleveland Fed President Loretta Mester, meanwhile, reaffirmed her stance in favor of rate hikes, cautioning against financial stability risks such as U.S. Treasury leverage and an AI bubble. With unemployment remaining low and economic data presenting a mixed picture, the Federal Reserve’s policy path for its September meeting is fraught with uncertainty.

wallstreetcnAug 13 21:30

Citi takes a bold bullish stance: Silver prices are expected to reach $90 per ounce in the next 6–12 months.

Citi reaffirmed its strong bullish stance on silver on Wednesday, forecasting that prices could rise to $90 per ounce over the next 6 to 12 months. This outlook is driven by investment demand stepping in to offset weakening industrial usage, contingent upon a de-escalation of the Strait of Hormuz crisis and a dovish pivot by the Federal Reserve.

Zhitong FinanceAug 13 08:11