Gold prices up 10% in 2022 but rally set to extend, upgraded Goldman Sachs forecasts suggest $2,500.
Read more … →Sanctions will create a deep recession and financial crisis in Russia on par with the break-up of the Soviet Union in 1991.
Read more … →UK economic growth forecasts are being revised lower and inflation forecasts raised as economists gauge the impact of Russia's invasion of Ukraine and subsequent international sanctions.
Read more … →Expat Russians living in the UK have been notable buyers of physical gold says a major gold investment firm.
Read more … →"As the cold season recedes, the danger that Europe could run out of gas in the near term if Russia were to turn off the tap is declining... the EU is not running out of gas" Berenberg.
Read more … →"Ramsden eased back slightly on his recent hawkish stance," says a note from TD Securities' global strategy team. "He favours a 25bps hike in March rather than 50bps."
Read more … →A squeeze on home owners from rising interest rates will become apparent by the second half of 2023 says NatWest Markets, and this will prompt the Bank of England to rein in rate hikes.
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