From a medium-term perspective, the outlook for gold should be strong. With US rates expected to at least pause this year (and STIR markets anticipating rate cuts), the path for…
Wednesday’s Federal Reserve meeting will also be a meeting where the Fed outlines its dot plot on rate projections. Interest rate markets are expecting no change from the Fed on…
Heading into Wednesday’s Federal Reserve meeting, short-term interest rate markets expect no change from the current level of 5.375%. So, the question is going to be if the Fed changes…
Gold prices are in a major focus right now ahead of the US CPI print due to be released on Wednesday at 1:30 UK time. Gold is extremely sensitive to…
Gold price movements are heavily influenced by the path of the US dollar and the movement of US Treasuries. The movement of both the US dollar and Treasuries is dependent…
Gold has been gaining this week on a miss in the US JOLTS job openings print and a miss in the US consumer confidence print on Tuesday. A slowdown in…
The case for buying gold has been increasing over the last couple of weeks due to increased expectations that the Federal Reserve will need to stop hiking interest rates as…
Gold’s prices have been driven lower over the recent weeks by the rising USD, rising US yields, and the impact that has had on real yields. There has not been…
In a quiet data week, the market’s focus remains on the Jackson Hole Symposium for any policy tweaks from Fed’s Chair, Jerome Powell. The Federal Reserve Bank of Kansas City…
In a quiet calendar week, the US PMI prints are likely to receive more focus than normal ahead of the Jackson Hole symposium at the end of the week. Investors…