Trade Of The Week: Gold Eyes Key US Inflation Data
Gold continues to glitter, gaining roughly 2.8% since the start of the new year. The precious metal remains supported by a weaker dollar, falling Treasury yields and growing expectations of a less hawkish Fed.
As we emerge out of a rough year dominated by soaring inflation, slowing global growth, heightened geopolitical risks and Covid-19, the early part of 2023 looks like it could be more of the same story.
Concerns about an incoming economic slowdown have hit markets, while continued hawkish rhetoric by Fed speakers has added to negative risk sentiment. ...
DXY Recession USDJPY Federal Reserve Bank of Japan BoJ Japanese Yen
Gold continues to glitter, gaining roughly 2.8% since the start of the new year. The precious metal remains supported by a weaker dollar, falling Trea...
As we emerge out of a rough year dominated by soaring inflation, slowing global growth, heightened geopolitical risks and Covid-19, the early part of ...
2023 Outlook inflation Recession central banks G10 commodities Stocks Federal Reserve Oil Gold EURUSD USDJPY