-
Gold Higher on Traders' Dovish Fed View
Gold prices are turning higher today but the market remains well within the range which has framed price action over the last four months. Following a strong rally over Q1 gold prices have been stuck within a roughly 10% range down from those YTD highs printed in April. A mixture of uncertainty around Trump’s trade agenda, fluctuating geopolitical tensions and a changeable Fed outlook have combined to keep price hemmed in recently. This week, gold prices are turning higher again on the back of yesterday’s weaker-than-forecast US inflation data. Annualised headline CPI was seen holding at 2.7% last month, below ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @realDonaldTrump|Aug 13, 2025|6 comments
Will be speaking to European Leaders in a short while. They are great people who want to see a deal done.
From theedgemalaysia.com|Aug 13, 2025|1 commentChina's new yuan loans contracted by 50 billion yuan (US$6.97 billion or RM29.4 billion) in July, falling well short of analysts' forecasts and plunging from 2.24 trillion yuan in ...
From monetamarkets.com|Aug 13, 2025Global markets traded cautiously on Wednesday as traders assessed fresh US inflation data and shifting central bank expectations. Gold extended its advance toward $3,350 on rising ...
-
- Newer Stories
From @financialjuice|Aug 13, 2025|5 commentsUS Treasury Secretary Bessent on Fed: I think we could go into a series of rate cuts. US Treasury Secretary Bessent: We should be 150,-175 bps lower on the Fed's rate now. BESSENT ON FED CHAIR NAMES: GOING TO CAST WIDE NET, 10-11 PEOPLE Bessent States That Trump Previously Considered Yellen and John Taylor for Key Positions BESSENT: I CALLED FOR SHADOW FED CHAIR BUT DON'T THINK SO NOW
From @LiveSquawk|Aug 13, 2025|12 commentsUS Trsy Sec Bessent On Bonds: Yields Show There Is Credibility - Leakage From Japan - Japan Needs Get Their Inflation Problem Under Control - We’re Re-Filing Treasury Cash Via Bills US Treasury Secretary Bessent: I asked about 200% secondary sanctions on China at G-7. Everybody at G-7 was quiet when I asked. US TSY'S BESSENT Q&A/BBG: 'PUT UP OR SHUT UP' TIME RE CHINA PURCHASES OF RUSSIA OIL; EUROPE NEEDS TO BE READY TO APPLY ITS OWN SECONDARY SANCTIONS; ENDS Q&A #Bessent #tariffs #economy
From cnbc.com|Aug 13, 2025|7 commentsThe Trump administration is considering 11 candidates to replace Federal Reserve Chairman Jerome Powell when his term expires in May, including three that have not previously been ...
- Story Stats
- Aug 13, 2025 6:32am Posted byTechnical Analysis278
