Keywords: Inflation impact


Gold falls to six-week low as US yields rise

Gold prices declined to their lowest level in six weeks as rising US Treasury yields and a stronger dollar reduced demand for non-yielding assets. The metal traded near 4,540 dollars per ounce after extending a month-long correction that has erased roughly 6 percent of its value. The downturn reflects......

Inflation rises in Germany and Spain ahead ECB rate decision

Prices across Europe moved higher in April as Germany and Spain reported fresh increases in inflation ahead of a key monetary policy meeting by the European Central Bank. The latest figures point to persistent price pressures linked to energy markets and geopolitical tensions, particularly the war in......

Gold heads for first weekly drop in five weeks amid dollar strength

Gold prices fell to their lowest level in nearly two weeks on Friday, putting the metal on track for its first weekly decline in five weeks as a stronger US dollar and rising oil prices weighed on demand. Spot gold dropped to around 4,661 dollars per ounce during early Asian trading before recovering......

ECB signals possible April rate hike as energy inflation rises

European Central Bank policymakers are considering a possible interest rate increase as energy-driven inflation risks intensify, marking a shift from earlier expectations of monetary easing. Five major central banks kept interest rates unchanged this week in a coordinated pause reflecting growing uncertainty......

Morocco's economy grows by 3.8% in 2024 despite sector imbalances

Morocco's economy expanded 3.8% in 2024, as reported by the country's statistics office, the High Commission of Planning (HCP). This growth marks a slight improvement from the 3.7% recorded in 2023 and reflects a slow yet fragile recovery driven primarily by strong domestic demand amidst persistent......

Canada’s economy faces recession amid rising tariffs

Canada's economy is poised to enter a recession this summer due to tariffs imposed by the United States, according to a recent report from the Desjardins financial services group. Economists at Desjardins warned that the cumulative impact of these tariffs could trigger a recession as early as the......

Household confidence index in 2024: Modest improvement amid persistent pessimism

The Household Confidence Index (HCI) experienced a slight uptick during the fourth quarter of 2024, according to the latest survey by the High Commission for Planning (HCP). It reached 46.5 points, compared to 46.2 points in the previous quarter and 44.3 points a year earlier. Widespread concerns about......

Argentina's Congress Upholds Milei's Veto on University Funding Amid Public Outcry

In a significant political development, Argentina's lower house of Congress has failed to overturn President Javier Milei's veto of a bill aimed at increasing funding for public universities. This decision, reached during a recent vote, underscores the ongoing tension between the government and......

Morocco's Inflation Battle: Consumer Price Index Jumps, Sparking Economic Concerns

Morocco's economic landscape is facing a critical juncture as the country grapples with mounting inflationary pressures. The latest data reveals a significant surge in the Consumer Price Index (CPI), raising alarms about the potential impact on the nation's economic stability. According to official......