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Gold Price Forecast: XAU/USD looks to reclaim $2,050 of key top-tier US data - Vimarsana News

Gold Price Forecast: XAU/USD looks to reclaim $2,050 of key top-tier US data

Gold price is attempting a bounce toward $2,050 early Tuesday, following a massive $120 pullback from fresh record highs of $2,144 set in Monday’s Asian trading.

Gold Price Forecast: XAU/USD hits fresh all-time-highs near $2,150, what's next? - Vimarsana News

Gold Price Forecast: XAU/USD hits fresh all-time-highs near $2,150, what's next?

Gold price is consolidating the sharp pullback from fresh record highs of $2,144 reached in early Asia on Monday.

What Was That About Data Dependence? - Vimarsana News

What Was That About Data Dependence?

Yesterday's closing headline and most condensed recap of Powell's press conference was simply: "data dependence continues."  Indeed it does!  This morning's economic data came out resoundingly stronger with all four reports beating forecasts--rather significantly in at least 2 cases.  A slightly dovish read on the European Central Bank announcement helped bonds hold their ground with minimal losses earlier in the morning, but after Lagarde's press conference ended, the selling snowball is rolling. &...

S&P 500: Current dynamics and near-term prospects - Vimarsana News

S&P 500: Current dynamics and near-term prospects

Investors in the American stock market remain optimistic by buying American securities. They and big business seem to have adjusted to high interest r

Why a Fed board battle is brewing on rate rises - Vimarsana News

Why a Fed board battle is brewing on rate rises

The Fed’s best measure of the chances of a recession is flashing red, but it’s not clear whether central bank board members will agree to halt interest rate rises.

Source: afr.com