Korean
Japanese
Chinese (Traditional)
Estonian
Malay
Danish
Dutch
Irish
Portuguese
Turkish
Italian
Vietnamese
Spanish
Swedish
Russian
German
French
Finnish
Czech
Arabic
British Pound Edges Up Vs USD, Market Looks To US PCE Numbers As Next Big Clue
GBP/USD managed to hold up on Wednesday in Europe despite a sparse data sheet. Still, it’s looking less comfy at the highs
en 
en
GBP/USD managed to hold up on Wednesday in Europe despite a sparse data sheet. Still, it’s looking less comfy at the highs
Outlook on FTSE 100, DAX 40 and S&P 500 amid ‘US rates higher for longer’ spiel.
AI mega-stock Nvidia leapt by 7% in US trade, helping push the Nasdaq 100 to a fresh record closing high. The US dollar remains subdued ahead of Friday’s US inflation release.
USD/JPY has slipped back below 157.00, while GBP/JPY is touching the 200 level again, as the US dollar and Sterling take different paths
The Aussie benefitted from a broadly weaker Dollar after the US Holiday which let it gains despite a data miss
Gold and silver are both treading water at the start of a holiday-shortened week with Friday’s US inflation report (PCE) the key economic release of note.
The new week will kick off in a calmly and quiet manner, with US and UK markets closed on Monday. The economic calendar, however, will heat up heading into the weekend with the release of Eurozone inflation and US core PCE data, two critical reports for policymakers that could unleash greater volatility.
This article delves into the fundamental and technical outlook for gold, with a specific focus on analyzing price action dynamics and potential scenarios post the release of U.S. PCE data later this week.
A worsening economic backdrop, declining consumer spending and a lack of progress in the desired wage-price spiral hampers the BoJ amid future rate hikes
This article explores gold’s technical and fundamental outlook, discussing potential scenarios that could play out over the coming days and weeks.