United States MBA Mortgage Applications increased to -4.7% in October 3 from previous -12.7%

Oct 8, 2025

Gold Price Forecast: XAU/USD rallies further to near $4,050, ignores upbeat US Dollar

Gold price (XAU/USD) extends its rally to near $4,050.00 during the European trading session on Wednesday. The precious metal continues to move higher as deepening political crisis in France and the United States (US) government shutdown have increased the demand of safe-haven assets, such as Gold.

NZD plunges as RBNZ delivers jumbo 50bps cut – BBH

NZD/USD dropped 1% to a six-month low near 0.5740 after the Reserve Bank of New Zealand surprised markets with a 50bps cut to the Official Cash Rate, now at 2.50%. The central bank signaled it remains open to further reductions, citing spare capacity and downside risks to activity and inflation.