Gold Fundamental Forecast: Gold Glowing into Q2 as Fed Peaks
Gold prices ripped higher in Q1 as rate expectations eased and banks fell into financial distress. Will bulls continue to drive the safe-haven commodity in Q2?
Gold prices ripped higher in Q1 as rate expectations eased and banks fell into financial distress. Will bulls continue to drive the safe-haven commodity in Q2?
Price pressures in the US are abating, according to the latest BEA data, and this may change the Fed’s rate outlook in the weeks ahead.
Gold prices are again close to $2000, a level they don’t usually spend very long above
Despite a record drop in the headline measure of inflation, core inflation heads higher. Renewed expectations of ECB rate hikes and weak dollar sees EUR/USD eying 1.10
The UK economy grew by more than originally thought in the third and fourth quarters of 2022, avoiding a technical recession.
The US Dollar dipped today as markets take stock of where the banking crisis is headed and Treasury yields search for direction. Will the USD reclaim the ascendency?
The Australian Dollar gave up gains on upbeat Chinese manufacturing PMI, with AUD/USD now turning its attention to the Fed’s preferred inflation gauge next.