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Gold price is consolidating Friday’s upswing below $1,990 amid a cautious start to a busy week ahead. The United States Dollar (USD) remains on the ba
WASHINGTON (dpa-AFX) - Gold prices climbed higher on Friday as the dollar turned weak against most of its major rivals after Fed Chair Jerome Powell signaled a likely pause in interest rate increase
The RBNZ looks set to raise rates for a 12th time in the coming week, while inflation figures out of the United Kingdom and United States will be crucial in shaping rate hike expectations. After some shockingly bad data recently, Germany’s PMI readings will likely capture the most attention from S&P Global’s flash surveys for May. With sentiment still fragile, the PMIs could set the tone for equity markets, but will they aid the US dollar’s advance or will the Fed’s May meeting minutes rein in the bulls?
![Week ahead – RBNZ, Fed minutes, UK and US inflation, flash PMIs to headline packed week [Video] - Vimarsana News](https://editorial.fxstreet.com/images/Macroeconomics/CentralBanks/RBNZ/Bank_of_New_Zealand_2015_Large.jpg)
The RBNZ looks set to raise rates for a 12th time in the coming week, while inflation figures out of the United Kingdom and United States will be crucial
US oil rig counts fall 11 to 575 Gold starts to get shine back as safe-haven demand returns Bitcoin steadies near lower boundaries of trading range Oil