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

Crude Oil Rises on Hopes of a Debt Ceiling Deal-Will WTI break out?

Crude Oil, US Dollar, Debt Ceiling, TOPIX, ASX 200, Federal Reserve – Topics Crude oil prices were somewhat supported by the prospect of a solution to the US debt ceiling. The Fed reminded markets that the path of future interest rates is a matter of conjecture. Will WTI rally if sentiment is fueled by the … Read more

US Dollar (DXY) little changed before important Economic Data

US Dollar (DXY) Rate, Chart and Analysis The latest US growth and inflation data will be released this week. Fed speaking break ahead of the FOMC meeting on 3 May. The first look at US Q1 GDP and the latest core PCE data are the highlights of a busy week for the US dollar as … Read more

Markets this week: Gold, Nasdaq, US Dollar; Earnings, US PCE, Euro-Zone and US GDP

The US dollar rose slightly while global equity markets were largely unchanged last week as a positive start to the earnings season was overshadowed by concerns that central banks are not yet done tightening. The MSCI All Country World Index was largely unchanged, and the US Dollar Index (DXY Index) rose 0.1%. In equities, the … Read more