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Gold Price Maintains Up Bias with Focus on US CPI, FOMC

The gold price climbed as high as $2,365 in the last trading session, marking a fresh all-time high with all focus on the US CPI and FOMC. ....

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Canada's GDP outperforms Jan growth forecast, likely grew 0.4% in Feb

OTTAWA (Reuters) -Canada's gross domestic product strongly rebounded in January exceeding expectations and February's preliminary estimates point to another expansion, data showed on Thursday, tempering pressure on the Bank of Canada (BoC) for an early rate cut. The economy grew by 0.6% in January, its fastest growth rate in a year, which the Statistics Canada called a broad-based expansion led by a bounce back in education services benefiting from an end of public sector strikes in Quebec. Analysts polled by Reuters had forecast a GDP growth of 0.4% on a month-on-month basis in January. ....

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Canada's economy tops Q4 growth forecasts, another rise seen in Jan

OTTAWA (Reuters) -The Canadian economy expanded at an annualized rate of 1.0% in the fourth quarter, exceeding expectations, data showed on Thursday, a result that should ease interest rate-cutting pressure on the central bank. Fourth-quarter gross domestic product (GDP) was higher than the Bank of Canada's (BoC's) expectation for zero growth and analysts' median forecast for an expansion of 0.8% growth. January GDP likely gained 0.4% from December, Statistics Canada said in a flash estimate. ....

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