The time for gold is now, it's just a matter of how

March data pointed to a solid increase in business activity across the service economy, which extended the current period of expansion to five months. That said, the latest survey ...

Germany's service sector ended the first quarter on a more stable footing, with firms growing increasingly optimistic about the outlook, according to the latest HCOB PMI® survey ...

Ms Schnabel noted that, since the Governing Council’s previous monetary policy meeting on 24-25 January 2024, monetary policy expectations had retracted further from the early and large interest rate cuts initially foreseen at the turn of the year. More favourable news on the global economy and less favourable news on inflation had both been key factors in shaping financial market developments. In the case of the first factor, macroeconomic data surprises had moved into positive territory in the euro area, the United States and China for the first time since May 2023. As a result, investors attached a discernibly lower probability to the scenario of a hard landing for the global economy. post: ECB ACCOUNTS: MEMBERS EXPRESSED INCREASED CONFIDENCE THAT INFLATION WAS ON TRACK TO DECLINE SUSTAINABLY TO THE 2% INFLATION TARGET IN A TIMELY MANNER. post: ECB ACCOUNTS: THE CASE FOR CONSIDERING RATE CUTS WAS STRENGTHENING. post: ECB ACCOUNTS: IT IS IMPORTANT NOT TO BE COMPLACENT, AS THE DISINFLATIONARY PROCESS REMAINS FRAGILE. post: ECB ACCOUNTS: PATIENCE AND CAUTION WERE STILL NEEDED.