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ECB’s Schnabel: Euro zone underlying inflation sticky

Underlying inflation in the euro zone is proving sticky and the recent fall in energy costs may not pull it down as fast as some expect, European Central Bank board member Isabel Schnabel said on Wednesday, highlighting the bank's chief concern, reported Reuters late Wednesday.

 

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AUD/USD struggles below 0.6700 as market sentiment dwindles on inflation, banking concerns

AUD/USD justifies its risk-barometer status as the quote seesaws around 0.6680 amid a mixed start to Thursday’s trading, following a downbeat closing.
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Gold Price Forecast: XAU/USD continues to juggle above $1960 as investors await US PCE Price Index

Gold price (XAU/USD) is displaying topsy-turvy moves in a $12 range above 1,960.00 in the early Asian session. The precious metal is defending the $1,
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