Russia Central Bank Reserves $: $743.8B vs $729.3B
Russia Central Bank Reserves $: $743.8B vs $729.3B
TD Securities’ Izidor Flajsman highlights that during historical US equity ‘lost decades’, Precious Metals, especially Gold, have delivered strong real returns while broad Commodities were more mixed.
Commerzbank economists Bernd Weidensteiner and Christoph Balz review 250 years of US economic history, highlighting how persistent inflation has eroded the value of the Dollar and how federal debt has surged back to World War II highs.
United States Gross Domestic Product Price Index above expectations (3.5%) in 1Q: Actual (3.6%)
Durable Goods Orders in the United States (US) declined by 4.5%, or $15.6 billion, in May to $332.1 billion, the US Census Bureau reported on Thursday. This reading followed the 8.5% increase recorded in April and came in line with the market expectation.
The final GDP Growth Rate showed the economy expanded by 2.1% in the January-March period, the Commerce Department’s Bureau of Economic Analysis (BEA) reported on Thursday. The reading shows a marked increase from the prior quarter’s 0.5% expansion.
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance shrank to 215K for the week ending June 20.
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, climbed to 4.1% in May from 3.8% in April, the US Bureau of Economic Analysis (BEA) reported on Thursday. This reading came in line with the market expectation.
United States Continuing Jobless Claims came in at 1.821M, above expectations (1.8M) in June 12
United States Personal Spending above forecasts (0.6%) in May: Actual (0.7%)
United States Personal Consumption Expenditures - Price Index (YoY) in line with forecasts (4.1%) in May
EUR/GBP trades on the back foot around 0.8620 on Thursday, hovering near the lower end of the multi-month range that has held since July 2025.