Gold and Silver managed to recover toward the end of the week despite broad-based US Dollar strength. Further upside looks likely, but a host of technical hurdles may prove a difficult hurdle for the commodities to navigate.
The South African Reserve Bank MPC Meeting is tomorrow where the Central Bank is largely expected to keep rates steady. Given all the intrigue locally around the Reserve Bank i thought we could take a look at the history, mandate and policy of SARB
The US Federal Reserve are largely expected to pause the rate hike cycle on Wednesday with updated economic projections. The lingering fear of a resurgence in inflation will likely keep the door open for another rate hike in Q4.
Commodities look poised to benefit should the Fed rate hike cycle be at an end. DXY and Market Sentiment likely to drive Gold, Silver prices this week as we have limited US data on the docket.
Japan Maintain Economic Outlook, Usd/Jpy Catches Its Breath At Weekly High menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.