Russia-Ukraine War Targets Energy Infrastructure
Brent Crude Oil News and AnalysisOver 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on…
UK retail sales, German Ifo business survey on the agenda today
The dollar is proving that its post-Fed slump was merely a blip, as it runs higher now on the week. The greenback has erased its declines after the FOMC meeting…
Australian Dollar rises on positive employment figures, dovish remarks by Fed
Australian Dollar extends gains on positive economic data from Australia. Australian Employment Change surged to 116.5K in February, exceeding expectations of 40.0K. US Dollar weakens following the Fed's reaffirmation of…
Lower Canadian CPI Brings Rate Cuts Closer While Fed Cuts Appear Delayed
Canadian CPI, USD/CAD AnalysisCanadian inflation slows more than expected in February – raising USD/CADMarkets bring a potential BoC cut closer while delaying the onset of Fed cutsUSD/CAD’s bullish response tapered…
ICYMI (posted Monday) – Goldman Sachs predicts three Fed rate cuts in 2024
An ICYMI from a post on Monday, this change from GS is getting some attention:Goldman Sachs expect 3 Federal Reserve rate cuts in 2024 (from 4 previously)GS cited "The recent…
Gold slumps and braces around $2,150.00 as US inflation reaccelerates
Gold retreats from the $2,180 mark, reacting to hot US inflation data and Fed's cautious stance on policy easing. Rise in US Treasury yields post-PPI data release dampens XAU/USD’s appeal…
Fed in Spotlight – Bullish Explosion or Crash Ahead?
GOLD PRICE OUTLOOKGold prices retreated this week but are still up more than 5% in MarchThe Fed’s monetary policy announcement will take center stage in the coming weekThis article examines…
ANZ: Surprise resilience in physical demand for gold, but for how long?
ANZ highlights the unexpected resilience of physical gold demand despite the surge in prices, attributing steady global consumption levels to strong interest from China and India. The report discusses the…