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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.
Read more: UK Inflation: Is this ‘Escape Velocity’ and Should the Bank of England be Worried?
Charts are showing volatility may be on the horizon for the precious metal, but the question is in which direction?
Read more: Gold Prices Forecast at 1,250.00 by Q4 by Morgan Stanley
Could a 'Scotxit' follow a Brexit?
Read more: Scottish Independence: Brexit and the Changing Economic Backdrop
Talk of the U.S falling into a recession has been growing, we look at the primary reasons stoking these fears.
Read more: Signs that the U.S Might be Falling into a Recession
The negative rate environment is having unintended consequences, one of which is the ressurection of gold as a safe-haven.
Read more: Six Reasons Why Gold Prices are Rising, But Gains Could Now be Over
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