
Is the Fed set to send gold higher?
Short term interest rate markets are pricing in nearly a 100% chance of a Fed hike on Wednesday this week when the Fed meet. Interest rates are expected to rise to 5.375% from 5.125%.
Short term interest rate markets are pricing in nearly a 100% chance of a Fed hike on Wednesday this week when the Fed meet. Interest rates are expected to rise to 5.375% from 5.125%.
Inflation data is a major focus for the Reserve Bank of Australia and a headline that prints below 5.8% and a trimmed mean below 5.9% will surprise markets and reassure the RBA that inflation is moving lower and would give the RBA confidence to remain on hold for rates.
The JPY is once again in focus this week as Japanese inflation data is released early Friday am. So, with Governor Ueda disappointing JPY bulls this week by saying that the BoJ were still some away from sustainably achieving the…
Last week silver prices gained over 8% on the lower than expected US CPI print. Investors rapidly sold the USD last week as lower inflation increased chances of the Fed holding rates for September’s meeting. This also meant that yields…
Silver-white, light, and highly reactive, lithium might not be the most famous element on the periodic table, but it is definitely one of the most influential at present in shaping our modern world. As the crucial ingredient of lithium-ion batteries, that power everything from your smartphone to electric vehicles (EVs), lithium has gained the status of the "white gold" of the 21st century.
Silver-white, light, and highly reactive, lithium might not be the most famous element on the periodic table, but it is definitely one of the most influential at present in shaping our modern world. As the crucial ingredient of lithium-ion batteries, that power everything from your smartphone to electric vehicles (EVs), lithium has gained the status of the "white gold" of the 21st century.
Mark your calendars for Wednesday, July 19! At 07:00 UK time, the much-awaited UK inflation data will be revealed. Anticipations suggest that the headline figure will drop to 8.2% y/y from the previous 8.7%. However, the core reading is expected…