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The US Dollar broadly underperformed as gold prices soared. Ahead, the Australian and Canadian Dollars are eyeing the RBA and BoC, respectively. Will crude oil prices extend a winning streak and what else is in store for markets in the week ahead?
The US Dollar mostly outperformed against its major peers as gold prices managed to push higher. Ahead, all eyes are on the Fed’s preferred inflation gauge, US non-farm payrolls and Chinese manufacturing PMI. What else?
Surging Treasury yields pushed down gold prices as the US Dollar outperformed and equity markets wobbled. Ahead, all eyes are on the Fed’s Jackson Hole Symposium as markets continue watching economic developments out of China.
The US Dollar outperformed alongside Treasury yields last week, pushing down gold prices. Meanwhile, crude oil prices just barely managed a 7th consecutive weekly gain. What is in store for markets in the week ahead?
The Euro and British Pound cautiously weakened last week amid a stronger US Dollar. This also meant gold underperformed. Ahead, all eyes turn to US CPI and UK GDP.