Logo-color Logo-white

Trump’s election invites gold bears into the game Bets of slower rate cuts by the Fed may be the main driver PBoC pauses purchases, but strategy likely not changed Speculation around geopolitics may also be weighing Trump wins but gold loses After hitting a record high of around $2,790 on October 30, gold entered a […]

The post Is Trump’s Election the End of Gold’s Bull Run? appeared first on Action Forex.

previous

Elliott Wave View on DAX Looking for Larger Degree Correction

next

US: Inflation Progress Grinds to a Halt in October 

Read More

20/01/2024

Week Ahead – ECB and BoJ Meetings in the Spotlight

Japanese yen loses ground ahead of BoJ decision on Tuesday ECB meets on Thursday, will it push back against rate cut bets? Bank of Canada decides too, while the US releases GDP stats BoJ unlikely to rescue battered yen The Japanese yen started the new year on the wrong foot, losing 5% of its value […]
04/04/2024

Preview of RBNZ: Nothing to See Here

We expect the RBNZ will leave the OCR at 5.5% at its April policy review. We think the RBNZ will remain comfortable with the forward outlook communicated in the February Monetary Policy Statement. GDP growth was slightly weaker than expected – but the impact is very marginal compared to past quarterly forecast misses. The inflation […]
11/11/2024

Oil & Gas: Still Mostly Bearish Prospects

Crude Oil The price of a barrel of crude oil has fallen 1.6% since the start of Monday, bringing the decline over the last two trading sessions to 4%. Pressures on the oil price include signals from the ceasefire talks between Israel and Lebanon (reducing supply risks) and disappointment over the size of China’s stimulus […]