Gold Price Update: Pullback in Question Ahead of US PCE Data
Gold prices take a breather after having risen sharply in response to a weaker dollar and softer US yields after Fed Governor Waller provided a timeline for rate cuts. PCE Next
Gold prices take a breather after having risen sharply in response to a weaker dollar and softer US yields after Fed Governor Waller provided a timeline for rate cuts. PCE Next
Price pressures in the Euro Area are dropping sharply and this may give the ECB further flexibility to cut interest rates earlier next year.
Indices remain in strong form on the final day of November, and are looking to extend their recent gains into December.
Pound prices have climbed steadily on the back of the USD selloff and will continue to be influenced by the US later today via the US core PCE price index report.
Oil prices continue to advance as news filtered through regarding the possibility of additional cuts by OPEC+ at tomorrow's meeting. News remains murky but market participants are running with it. Can an OPEC+ cut push WTI back above the $80 mark?
This article examines the technical outlook for USD/JPY, USD/CAD and AUD/USD, analyzing critical price levels that could act as support or resistance in the upcoming trading sessions.
An upward revision to the Q3 GDP from the US failed to spark life into the US Dollar while Gold prices hold firm. Can the US Dollar stage a recovery before the end of 2023?
Disinflation in Europe is ramping up as price pressures appear to be rising at a slower rate in the month of November according to preliminary data
Ongoing US dollar weakness has allowed cable to push higher over the last month and with future rate expectations widening between the two currencies, the move may have more to go.
Outlook on FTSE 100, DAX 40 and Russell 2000 amid quiet trading in low volatility.