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US: Gold might trade with a bearish bias next week as short-term macro headwinds persist

Gold prices started the week negatively as mixed US data and weak European economic data increased the strength of the greenback. Although the dollar index started to ease on Tuesday, it recovered during the first half of the week due to positive Chinese sentiment and an upcoming FOMC meeting.
United Kingdom Jerome Powell Ravindrav Rao Christine Lagarde Commodity Research United Kingdom Services

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Citigroup's Morse Expects Oil to Remain Below $90 a Barrel

(Bloomberg) -- Oil is unlikely to fall below $70 a barrel, but it would take a “wild card” event to push prices above $90, said Ed Morse, global head of commodity research at Citigroup Inc.Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystMassive US Oil Caverns Sit Empty and Will Take Years to RefillTrump Gets Letter Saying He Is a Target of DOJ Jan. 6 ProbeTokyo Heat Smashes 15...
Bloomberg Businessweek Ed Morse Citigroup Inc Bloomberg Television Strategic Petroleum Bloomberg Oil
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