Brazil Retail Sales (MoM) below expectations (0.7%) in June: Actual (-0.1%)

Aug 13, 2025

Gold Price Forecast: XAU/USD ticks up to near $3,360, wobbles around 20-day EMA

Gold price (XAU/USD) trades marginally higher to near $3,360.00 during the European trading session on Wednesday.

US Treasury Sec. Bessent: Good chance of 50 basis point rate cut

In an interview with Bloomberg on Wednesday, United States (US) Treasury Secretary Scott Bessent said that there is a good chance that the Federal Reserve (Fed) could opt for a 50 basis points rate cut at the next meeting.