British Pound (GBP) Latest: UK GDP Data Beats Estimates, Sterling Undecided

The UK economy expanded at a robust pace in the June, beating forecasts. Manufacturing and industrial production data also exceeded estimates.

from DailyFX – Market News https://ift.tt/YpPHQgm
via IFTTT

How Much More to Go in Crude Oil? Is There More Upside in Natural Gas?

Crude oil and natural gas have rebounded meaningfully in recent weeks. Is the downtrend since 2022 in both markets reversing? What is the outlook and the key levels to watch?

from DailyFX – Market News https://ift.tt/96UfryK
via IFTTT

Asia Day Ahead: Subdued Start in Asia as Wall Street Rally Fizzles

An initial rally in Wall Street eventually fizzled into the close, as Treasury yields headed higher in the aftermath of the US CPI release, prompting the US dollar to pare its earlier losses.

from DailyFX – Market News https://ift.tt/w4qA3zx
via IFTTT

Japanese Yen Dips with Treasury Yields Outpacing JGBs. Where to for USD/JPY?

The Japanese Yen is staring at a potential new low today with the US Dollar gaining traction along with treasury yields. The Fed and BoJ may add to volatility next week. Higher USD/JPY?

from DailyFX – Market News https://ift.tt/5hnelr8
via IFTTT

Gold Price Outlook at Risk as Markets Embrace Tighter Fed for Longer After US CPI

Gold prices fell in the aftermath of US inflation data. Financial markets continue to open to a Federal Reserve that may stay tighter for longer, leaving XAU/USD at risk.

from DailyFX – Market News https://ift.tt/BWzMqAj
via IFTTT