The Fed might tip the US into a recession, boosting bullion as a haven. Rising inflation and higher rates in the US continue to weigh on gold. The US economy is holding up well despite rising interest rates. Gold (GC) futures bulls expected the worst after the Federal Reserve raised interest rates by 75 basis Read More…
Supply concerns grow ahead of the winter season. Geopolitical tensions rise after Putin escalates the Russia-Ukraine war. Crude oil demand rebound in China, boosting oil prices. After falling 1% yesterday, crude oil (CL) futures prices rose on Thursday as worries about shortages occurring during the winter outweighed concerns about a possible worldwide recession. The oil Read More…
Higher interest rates are affecting corporate America. Recession worries are rising as the Fed further tightens its monetary policy. Fed rate increases have had little impact on inflation. The E-mini Nasdaq-100 (NQ) futures prices edged slightly lower during the Asia session on Wednesday. The US Federal Reserve is anticipated to deliver another significant interest rate Read More…
Investors are awaiting a wave of rate hikes from central banks. There is a 20% chance that the Fed will raise rates by 100bps. Investors worry the Fed will tip the US into a recession. Investors anticipate additional significant interest rate increases from central banks to tame inflation. Sweden set the tone early in the Read More…
Japan’s inflation increased by 2.7% in August. The BoJ is pressured to tighten monetary policy as inflation stays above its 2% target. The BoJ is looking set to intervene in the yen’s recent declines. The Japanese Yen (6J) futures price has pushed off its 24-year low. This rise can be attributed to the increase in Read More…
Gold prices have lost nearly 20% of their value in the last six months. Inflation in the US is still very high. Rate increases in the US are making non-yielding gold less attractive. The gold (GC) futures price has decreased by $400 per ounce, or 19.45%, in the last six months. There has to be Read More…
