
Core CPI at 0.4% or lower changes the stocks, and gold to Green
US CPI Preview: Core CPI at 0.4% or lower monthly component gives stocks, and gold the chance to advance and the greenback.

US CPI Preview: Core CPI at 0.4% or lower monthly component gives stocks, and gold the chance to advance and the greenback.

Uncertainties increase the attractiveness of gold due to diminishing returns. Today’s gold movements are in stabilization mode. This is due to falling interest rates (due to US banking problems).
Today, the Federal Reserve will raise interest rates by 25 percent.

The probability of yen weakness is higher than its strength.
The first decision of the new Bank of Japan Governor Kazuo Ueda was carefully followed by traders. It will be no different from the recent decisions of the previous BOJ chief Haruhiko.

Volatility in the bond market and uncertainty about interest rate cuts are pushing the dollar higher, dimming the appeal of gold (XAU).
Last week, the recovery of the US dollar affected the price of gold (XAU) and put pressure on gold. Because market participants assessed the possibility of the Federal Reserve raising interest rates in May. However, there are still many buyers and markets for gold, who see the fear of stagnation more strongly.

The US dollar failed to sustain gains on Wednesday, strengthening EUR/USD. As financial markets falter, the euro-dollar continues to move.

Gold prices are under pressure from a weaker US dollar, and China’s economic recovery, but uncertainty about the Federal Reserve’s monetary policy is limiting growth.

Gold prices are under pressure from a weaker US dollar, and China’s economic recovery, but uncertainty about the Federal Reserve’s monetary policy is limiting growth.

Yesterday, the US Consumer Price Index was released for the month of March.
Consumer price, Core CPI index monthly changes and net consumer price index annual benchmark all had a uniform decrease.

China’s loan growth was stronger than the market expected. This should move the market tomorrow when China’s stock market opens. CNY and CNH should strengthen

In the past week, gold was fixed above 2000 dollars. This consolidation was done right above the $2000 and $2002 area. Important and psychological area.
The momentum is still bullish and can rise again to its historical high. We mean the area of 2060. But this price jump definitely needs a catalyst as a driver.

