Showing posts from October, 2024
US NFP data eliminate chances of another 50bps rate cut Spotlight turns to US CPI numbers for September PMI data corroborate the notion for sticky underlying inflation The data comes out on Thursday, at 12:30 GMT Bets of 50bps Cut in November Disapp…
Gold Is Stuck in a Range as Traders Await More Data Gold ( XAU/USD ) moved within the $2,640–2,660 range on Monday due to a lack of important events and low volatility. XAU/USD has formed a triangle pattern, and the range is tightening. The trigger …
Risk sentiment dented as China refrains from fresh stimulus measures Fed officials give cautious green light to more rate cuts Dollar and equities turn lower after recent gains as US CPI awaited Markets Consolidate as China Announcement Disappoints …
