Daily digest market movers: Gold price depressed and might test 50-day SMA

avatar
· Views 81


  • Last week’s US inflation data indicated continued progress towards the 2% target; however, inflation appears stickier than anticipated, as June's Core PCE figures exceeded estimates for both monthly and yearly numbers.
  • Alongside the Fed’s decision, two other major central banks would feature monetary policy decisions: the Bank of Japan and the Bank of England.
  • The BoJ, the outlier of the major G7 central banks, is widely expected to raise rates by 15 basis points at the upcoming monetary policy meeting.
  • The BoE is foreseen to begin its easing cycle on August 1.
  • Data by the Chicago Board of Trade (CBOT) shows that traders are pricing in 54 basis points (bps) of easing towards the end of the year, as shown by the December 2024 fed funds rate futures contract.


免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

  • tradingContest