Crude oil has made some ground today after a wild ride last week that saw large declines with the Federal Reserve set to make the hard decisions to slow the economy. Will WTI rebound?
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Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Gold, British Pound, US CPI
The Dow Jones and S&P 500 gained as softer US economic data cooled the US Dollar, pushing gold prices higher. Ahead, all eyes turn to US CPI and UK GDP figures.
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Gold Fundamental Price Outlook: XAU/USD Primed for the Next Leg Higher
The precious metal continues to be in the thrall of US rate expectations and with yields starting to reverse lower from their recent elevated levels, gold may soon attempt to make a fresh multi-month high.
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USD Weekly Outlook: Dollar Index (DXY) Eyes U.S. CPI
The U.S. dollar starts the week under pressure but may find some respite from U.S. CPI should actual figures exceed forecasts.
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S&P 500 and Dow Break Higher Despite Strong Recession Signal, Key US Event Risk Ahead
The S&P 500 managed to pull out a strong first-week-of-the-year performance on the back of a modest NFPs beat and ISM service sector activity reading that seems to amplify the recession threat. Is the hope of a modest relent from the Fed on rate hikes enough to offset an economic slump? The markets will mull this question over next week.
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Educ Arte Económico 