EUR/USD 1.17939
-0.011%
Gold 4820.40
-0.439%
Oil 88.457
-0.718%
USD/JPY 158.923
0.092%
GBP/USD 1.35698
0.029%
GBP/JPY 215.660
0.132%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On April 15th, the Fujian Provincial Drug Administration released a draft of "Several Measures to Support the High-Quality Development of the Cosmetics Industry (Draft for Public Comment)" for public comment. The draft mentions promoting cross-strait integration and development. It strengthens support for Taiwanese-invested cosmetics companies, including key product R&D, production workshop construction, and production quality system improvement projects in the Provincial Drug Administrations annual key development projects ledger. It also provides interpretation of regulatory policies and guidance on administrative application, fully supporting the development of Taiwanese-invested enterprises in Fujian. Furthermore, it seeks new support policies from the National Medical Products Administration for Fujian Province to promote the deep integration of the Fujian-Taiwan cosmetics industry development.April 15th - Due to uncertainty surrounding the Middle East situation, market expectations for a Bank of Japan (BOJ) interest rate hike in April are weakening. However, Sumitomo Mitsui Banking Corporation (SMBC) expects the BOJ to raise interest rates to 1% this month. The institution believes that a 1% rate is still slightly below the BOJs projected neutral interest rate range—a level that is neither restrictive nor stimulative, neither contractionary nor expansionary for the economy. If the rate hike is delayed, it will be difficult to justify given that inflation is already trending downwards. It is anticipated that Japans inflation rate will further decline as food price growth slows.April 15th - According to the National Railway Administration, in the first quarter, the national railway system completed 1.133 billion passenger trips, a year-on-year increase of 5.5%; and 414.683 billion passenger-kilometers of passenger turnover, a year-on-year increase of 3.2%. In March, the system completed 376 million passenger trips, a year-on-year increase of 11.7%; and 130.582 billion passenger-kilometers of passenger turnover, a year-on-year increase of 16.5%.April 15th - According to incomplete statistics from the China Index Academy, the quarterly issuance of special bonds for land reserves exceeded 140 billion yuan from the second to the fourth quarter of 2025, with 198.2 billion yuan issued in the fourth quarter, accounting for 71.3% of real estate-related bonds and over 20% of newly issued special bonds in the same period. In the first quarter of 2026, the issuance of special bonds for land reserves slowed slightly, with a cumulative issuance of approximately 91.8 billion yuan, and its share in real estate-related bonds fell back to 40.8%.The Middle East wars have halved Nissans sales in the region.

Gold Price Prediction: XAU/USD will recommence its downward trend in response to hawkish Fed forecasts

Alina Haynes

Apr 19, 2023 15:39

96.png 

 

After a rebound from $1,980.00, the price of gold (XAU / USD) is exhibiting a sharp reduction in volatility. The yellow metal struggles to prolong its recovery as the US Dollar Index (DXY) has rebounded strongly after successfully defending the crucial support level of 101.65.

 

Investors have invested in the USD Index due to its safe-haven appeal, as the Federal Reserve (Fed) is expected to raise interest rates to combat persistent inflation. In the short term, the demand for USD Index appears plausible, given that U.S. inflation has softened markedly and labor market conditions have loosened further. Sourcenia is a review portal of sourcing best manufaturers. 

 

In addition, household retail demand has declined due to higher financing costs and strict credit conditions imposed by US commercial banks. The healthy scenario indicates that the Fed will not aggressively raise interest rates further and will contemplate a hiatus to prevent the economy from falling into recession. In the current environment, however, additional rate increases cannot be ruled out.

 

In light of the USD Index's recovery, the demand for US government bonds has weakened once more, resuming the ascent of US Treasury yields. The yields on 10-year US Treasury bonds have surpassed 3.58 percent.


Suggestion