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US PPI is the first key test for bullish sentiment since the dovish Fed and weaker jobs data US yields have been more range-bound over the past few sessions as the bullish run following the more dovish Fed and the relatively weaker payrolls report has now petered out with 10Y UST yields just below 4.5%. Overall however, investors still seem more confident ...
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Amid cooling geopolitical tensions and a slow week for economic data releases, the gold market ultimately returned its focus to the Federal Reserve’s interest rate path. Spot gold opened the week trading just above the $2,300 level, and spent most of the week trading in a $30 range. In the absence of other significant data, gold prices took their direction ...