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According to the Bank of Canada Business Outlook Survey (BOS) Canadian business sentiment remained downbeat in the fourth quarter of 2023. The BOS indicator, a statistical summary of survey results, was -3.15 in 2023 Q4, up only slightly from the post-pandemic low of -3.45 in 2023 Q3. The pessimistic tone was broad-based across sectors and […]

The post Canada: Business and Consumer Sentiment Remained Downbeat in Q4 2023 appeared first on Action Forex.

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27/08/2024

Gold’s Price Prospects Amid Middle East Tensions and Fed Policies

Gold prices have recently dipped to 2507 USD per troy ounce but are poised for a potential rebound due to increased demand for safe-haven assets amid escalating conflict in the Middle East. Additionally, anticipations of monetary policy easing by the US Federal Reserve in September further bolster gold’s outlook. Monetary Policy and Market Dynamics Last […]
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