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Home » Australia’s inflation rises above estimates in March
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Australia’s inflation rises above estimates in March

adminBy adminApril 30, 2025No Comments2 Mins Read
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Gold prices fell on Tuesday as the dollar rose against most major rivals, with markets focusing on corporate earnings results. 

 

Investors are waiting for the results of major US tech corporations, starting with Meta and Microsoft tomorrow, then Apple and Amazon on Thursday.

 

US Treasury Secretary Scott Bessent called on China to calm trade tensions, and said the responsibility falls on China for reaching a trade deal.

 

Bessent said in a CNBC interview that China should move to calm the trade tensions as they sell to the US five times what the US sells to them.

 

He once again said the reciprocal tariffs between Washington and Beijing are not sustainable, pointing to the progress on trade negotiations between the Trump administration and many other countries, including India.

 

Earlier US data showed the number of available job openings fell to 7.2 million in March, the lowest since March.

 

And according to the Conference Board institution, the US consumer confidence index fell to 86.0 in April from 92.9 in March.

 

Otherwise, the dollar index rose 0.2% as of 19:39 GMT to 99.2, with a session-high at 99.3, and a low at 98.9.

 

On trading, gold spot prices fell 0.6% as of 19:40 GMT to $3328.2 an ounce.

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