Gold price flattens as US Dollar steadies and GBP flips ahead of BoE

Gold, XAU/USD, US Dollar, GC1, Bond Yields, BoE, PBOC, Fed, AUD – focused topics Gold prices softened in the face of rising government bond yields PBOC tilted policy and now BoE moves into focus after UK CPI data The US dollar could be the key for XAU/USD in this eventful week The gold price struggled … Read more

Weekly Markets: S&P 500, Gold, US Dollar, Powell, BOE, Japan Inflation, RBA Minutes

Global equity markets rose to a 14-month high, while the US dollar fell to a one-month low on hopes that US interest rates have peaked and further stimulus measures are expected from China. The MSCI All Country World Index rose 0.6%, the S&P 500 Index rose 2.6% and the Nasdaq 100 Index rose 3.8%. Germany’s … Read more