QNB Singapore is pleased to announce its successful participation as a Gold Sponsor at the recently concluded GTR Asia 2025 event held in Singapore. This years gathering proved to be a remarkable platform for trade and finance professionals, featuring engaging formats that maximized audience participation and dialogue.
During the second quarter of the year, the Japanese economy delivered a stronger performance than anticipated, with gross domestic product GDP expanding by 0.5% compared to the previous quarter. This growth reflects an improvement in overall economic activity, after earlier estimates had pointed to a rate of no more than 0.3%, the same pace recorded in the first quarter.
Gold prices hovered close to record territory on Monday, supported by mounting expectations that the U.S. Federal Reserve will cut interest rates this month, following weaker-than-expected labor market data.
Gold prices climbed to their highest level in more than four months on Monday, supported by growing expectations that the U.S. Federal Reserve will cut interest rates at its upcoming meeting this month.
Gold prices held steady on Thursday as investors awaited key U.S. economic data due later this week, expected to provide clearer guidance on the path of interest rates.
The U.S. dollar opened Thursdays session lower as investors increasingly priced in the likelihood of a Federal Reserve interest rate cut in September, following signals that such a move could be on the table.
The U.S. dollar weakened on Wednesday as investors grew increasingly concerned about the independence of the Federal Reserve, following President Donald Trumps latest move to expand his influence over the central bank.
Gold prices slipped on Wednesday under pressure a stronger U.S. dollar, while political tensions surrounding the Federal Reserve helped prevent sharper losses.
The U.S. dollar slipped in early Asian trading on Tuesday after President Donald Trump announced the dismissal of Federal Reserve Board member Lisa Cook. The dollar index dropped 0.3% to 98.187 points, following its strongest daily gain in four weeks on Monday.
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