Stay updated with breaking news from Articles Written. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
US equities have shaken off their poor start to the year and are now posting fresh multi-year and all-time highs. Growing expectations of a soft landing and falling inflation in the US is driving the latest move higher.
A mixed week with US equities continuing to push towards multi-year highs, while oil and gold are bid on escalating geopolitical risk. In the background, the US dollar treads water.
The US dollar is trading at a fresh five-month low after data on Friday showed inflation slowing further. Ahead a holiday-shortened week and a quiet economic calendar.
Central bank policy decisions and guidance help to stoke price action this week, while next week’s busy economic calendar could give markets a final pre-Christmas burst of volatility.
A holiday shortened week saw the US dollar slide, prompting a small rally in gold, while Sterling flexed its muscles after a robust PMI release.