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The Swiss National Bank (SNB) board members announced a no change to their monetary policy settings after it concluded the December quarter monetary policy assessment on Thursday. The SNB kept the key sight deposit rate steady at -0.75% while maintaining the 3-Month Libor Target Range steady between -1.25% to -0.25%, …

Durable Goods Orders in the United States declined by 1.1%, or $2.9 billion, in February to $254 billion, the data published by the US Census Bureau showed on Wednesday. This reading followed January’s increase of 3.5% and missed the market expectation of +0.8%.

Gold prices fell today as the dollar held on to the gains it achieved in the previous session on the back of a rise in US Treasury yields, while the safe-haven metal was under heavy pressure due to the Fed’s expectations of a strong economic recovery. In spot trading, gold …

There were 770,000 initial claims for unemployment benefits in the US during the week ending March 11, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 725,000 (revised from 712,000) and missed the market expectation of 700,000 by a …

Private sector employment in Canada decreased by 100,800 jobs from January to February, the ADP Research Institute revealed in its monthly report on Thursday. On a positive note, January’s print got revised up to -65,800 from-231,200.

Gold fell surprisingly after reaching its highest level, with severe selling pressure and the survival of trading below 1730, which may increase selling pressure… to be updated…

The United States Federal Reserve announced on Wednesday to maintain main interest rates unchanged at their historically low levels, following a two-day meeting that was concluded earlier today.

Coronavirus infections are spreading exponentially once again in the country, up 20% in the last week, Germany’s Robert Koch Institute (RKI) epidemiologist Dirk Brockmann told ARD television on Tuesday. To be updated …

Italy said on Saturday it aims to vaccinate at least 80% of its population against COVID-19 by September by ramping up its daily vaccination campaign. Francesco Paolo Vignolo, the new special commissioner for the Coronavirus, announced a general plan to distribute 500,000 vaccine doses per day, according to a statement …

The Unemployment Rate in Canada dropped to 8.2% in February from 9.4% in January and came in much better than the market expectation of 9.2%. Further details of the jobs report published by Statistics Canada revealed that employment in that period increased by 259,000 after falling by 266,000 over the …