US CPI Heats up to a Blistering 7.9%, Core at 6.4% In the Lead up to FOMC
US CPI inflation meets expectations at 7.9%, the hottest print since 1982. The FOMC is all but set to raise rates next week so the print is unlikely to change…
Gold Price and Silver Price Forecast for the Days Ahead
Gold is backing off from near record highs, may need time to digest while silver is putting in a potentially bearish-looking chart pattern in the near-term.
ECB Leaves Key Rates Unchanged, Hawkish Outlook Powers the Euro Sharply Higher
The European Central Bank (ECB) left all monetary policy levers untouched today but said that it would stop net asset purchases under the PEPP program at the end of this…
DAX, EU Stocks Dip into Technical Bear Market Ahead of ECB Rate Decision
German and European equities triggered technical bear markets after dropping 20% below their highs. ECB rate decision later today could elevate volatility further
ECB Preview: Euro Awaits ECB Reaction Function to Russian-Ukraine War
ECB to offer optionality given geopolitical tensions. Normalisation delayed, not derailed.
British Pound Forecast – GBPUSD Struggles Continue as US CPI Release Nears
Cable is finding little support after posting a fresh near 18-month low earlier this week with a closely watched measure of US inflation due to be released later in the…
Gold Price Forecast: Blow-Off Top or Pullback? Crude Oil Recovers, Upcoming US CPI
Spot gold is under pressure this morning stemming from lower inflation forecasts and rising US Treasury yields while XAU/USD approaches key support.
Crude Oil Prices Sink Even as War in Ukraine Rages, ECB and US CPI Ahead
Crude oil prices sank amid market-wide signs of easing worries about the conflict in Ukraine even as it rages on. An ECB policy announcement and US inflation data are eyed…
US Dollar Sinks as Markets Reverse Ahead of ECB and US CPI. Where to for DXY Index?
The US Dollar has moved lower as markets liked what they heard about a possible resolution to the Ukraine war. Will the DXY index find support?
Gold Price Forecast: XAU Rally May Reignite on US CPI, Market Volatility Amid Ukraine Risks
Gold prices may return to the offensive after a pullback as a key US inflation report nears and risk aversion related to the war in Ukraine returns.