This week, Wednesday’s preliminary estimate of Q1 GDP takes centre-stage for the British pound on the data front, and some slowdown from Q4’s 0.6% quarterly rise looks inevitable.
Another set of underwhelming economic stats are released adding to evidence that the UK economy is slowing down.
The British pound’s outlook rests with two factors, in our view: The EU referendum in June and UK inflation data.
Charts are showing volatility may be on the horizon for the precious metal, but the question is in which direction?
Talk of the U.S falling into a recession has been growing, we look at the primary reasons stoking these fears.
The negative rate environment is having unintended consequences, one of which is the ressurection of gold as a safe-haven.
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