Gold Price will rally to new record highs
Next year will lay out a path for a new normal as COVID-19 vaccines are distributed and the economic recovery gets underway.
China continuing to outpace the U.S. economy
China’s economic growth out of the pandemic is leading the world.
Iran, Russia trade volume increases
Referring to the increasing volume of trade between Iran and Russia, a member of the Iran-Russia Chamber of Commerce said that the best way to counter US sanctions is to strengthen economic ties with the Eurasian Union.
Oil Jumps to Highest Since February
Oil Jumps to Highest Since February Amid Stimulus Optimism.
Sanction advocates must leave illusion of beating Iran
President Hassan Rouhani once again hailed people’s resistance against the US’ economic terrorism, saying that those seeking sanctions should leave the delusion of bringing the Iranian nation on their knees by such means.
Business models with a digital euro
ECB Governing Council highlights the potential for 'new business models' if a digital euro is introduced. No firm decision has been made on whether Europe will move forward with a digitized version of the euro.
The Week Ahead, Economic Data
It’s a particularly busy week ahead on the economic calendar, with 95 stats in focus in the week ending 18th December.
Inflation Is on the Way for 2021
The United States hasn’t seen significant inflation in almost 40 years. That may change soon, thanks to a massive federal deficit, pent-up demand when quarantine restrictions are released.
Gold Price Analysis
Gold Price Analysis: XAU/USD remains trapped between key DMAs ahead of Fed week. Gold (XAU/USD) resumed its bearish momentum following a brief recovery from multi-month lows sub-$1800 in the last week.
EUR/USD May Rise To 1.22
Euro/dollar's consolidation may be coming to an end as worries about the virus, US stimulus, and Brexit are holding the EUR/USD pair back