The U.S. dollar, as measured by the DXY index, extended session gains after FOMC minutes showed that policymakers continue to anticipate additional rate hikes to contain inflation.
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Gold Price Forecast: Path of Least Resistance May Be Lower on Real Yields Woes
The rebound in U.S. real yields, coupled with the recent recovery of the U.S. dollar, is likely to act as a bearish catalyst for gold prices in the near term.
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US Stock Equities Forecast: S$P 500, Nasdaq 100 Await FOMC Minutes
FOMC Minutes pose a risk for risk assets, will the Fed deliver an upside surprise? S&P 500, Nasdaq levels.
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European Equity Update: Strong Performers FTSE and DAX Head Lower
The DAX and mainly the FTSE have outperformed the largest indices since October 2022, however, signs of fatigue point to pullbacks in both benchmarks
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GBP/USD Latest: UK Data Empowers Sterling, FOMC Minutes Near
Sterling has more than held its own in the foreign exchange market this week, supported by better-than-expected economic data. Up next, the latest FOMC minutes.
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