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Consumer price inflation (CPI) rose 2.47 percent in August, driven by higher gas prices
Growth is stabilizing, the current account deficit is narrowing, risk premiums are down, says minister
Gold prices may rally if reports signal a weaker economy and the Fed considers a larger rate cut
The U.S. personal consumption expenditures (PCE) price index rose 0.2 percent in July, in line with expectations
Gold prices gained almost 3 percent in the last 30 days, marking their second consecutive monthly gain
Traders priced in a 65.5 percent chance of a 25-basis-point cut and a 34.5 percent chance of a bigger 50-basis-point reduction
Egypt's economic growth to increase to around 5.5 percent as structural reforms to strengthen the business climate pay off
Gold prices fell almost 1 percent this week after hitting a record high on Tuesday
This move reflects TCMB's commitment to a cautious monetary policy, balancing inflation control with economic risks
Multiple Chinese banks have been given new gold import quotas from the central bank, signaling renewed buying demand
The report shows that 64 percent of measures focused on boosting investment and industry
So far this year, gold prices have gained 19 percent and set a new record high of $2,483.60 on July 17
Brent crude oil futures for the October delivery rose 0.5 percent to $81.09 per barrel
Data on Tuesday revealed that U.S. producer prices increased less than expected in July, signaling a cooling in inflation
OPEC reported that the housing, utilities, and fuels sector rose to 6.7 percent YoY in June, up from 6.6 percent in May
Gold prices will likely see additional support if a softer U.S. inflation report is released, raising hopes for a larger rate cut
Progress on inflation could support gold prices to retest a new all-time high once more
CBRT governor cited $26.5 billion increase in reserves, 50 percent target for lira deposits amid global volatility
The country’s annual urban consumer price inflation slid to 25.7 percent in July from 26.5 percent in June
Markets are now pricing in a 55 percent chance of a 50-basis-points cut in September with bets on an additional cut in December
Egypt's inflation rate has declined for the last five months after reaching a record high of 38 percent in September 2023
Challenges remain in education, housing, and hotels
Gold prices rose as support for the safe-haven asset strengthened amid the threat of conflict escalation in the Middle East
Investors will closely watch the Fed's interest rate decision on Wednesday, with no change in interest rates expected
