Gold Prices Steady as Inflation Hits 13-Year High, Eyeing 1815 for Breakout

Gold prices edged higher within an “Ascending Triangle” as stronger-than-expected US inflation data bolstered its appeal. Nonetheless, tapering concerns may cap the upside after the RBNZ’s hawkish …

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New Zealand Dollar Forecast: NZD/USD Shoots Higher on Hawkish RBNZ, LSAP Termination

The New Zealand Dollar rocketed higher against the US Dollar after the RBNZ announced a halt to its Large Scale Asset Purchases Program.

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Dow Jones Retreats after US Inflation Data, Hang Seng May Pull Back

Wall Street stocks pulled back from all-time highs after June’s US core inflation surpassed market expectations by a wide margin. The Hang Seng Index may follow lower.

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Euro Stoxx 50 & IBEX 35 Retreat from Records Amid Inflation, Virus Fears

European equities have retreated off recent highs as fears over the Delta COVID variant force multiple EU members to reimplement restrictions.

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Australian Dollar Outlook: Westpac Data May Underpin AUD/USD as Jobs Report Nears

The Australian Dollar weakened versus the US Dollar overnight and may see more volatility after the July Westpac consumer confidence index crosses the wires. An RBNZ interest rate decision is also …

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