RBA's Lowe on tariffs: What's happening is very worrying and disturbing

Central bankers continue to respond to questions from the audience at the ECB's panel titled 'Price and wage setting in advanced economies.'

Key quotes

  • Lowe on tariffs: What's happening is very worrying and disturbing.
  • Lowe: Businesses are delaying decisions in Mexico, Canada, China, and South East Asia.
  • Draghi: Unilateral actions undermine the multilateral framework of the world economy.
  • Powell: We should be able to communicate uncertainties clearly. Providing a lot of forward guidance could pose risks.
  • Powell: Forward guidance shouldn't be used in the ordinary course.

WTI regains $66 and above post-EIA

Prices of the barrel of the American reference for the sweet light crude oil are trading on a better mood on Wednesday, advancing above the $66.00 mar
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Gold Technical Analysis: Yellow Metal trading below $1,275/oz near 2018 low

Gold 15-minute chart Spot rate:                    1,274.00 Relative change:         -0.04%      High:                           1,276.50 Low:
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