PPI Data Reveals Slowing Price Pressures US PPI inflation data printed a welcomed decline on both the core and headline figures. The year-on-year print for April revealed a 2.3% increase compared to expectations of 2.5% and down from last month’s 2.7%. Likewise, Core PPI printed 3.2% against expectations of 3.3% and is down from the …
Favourable PPI Print Accompanied by Softening Jobs Data Read More »
GOLD OUTLOOK & ANALYSIS Markets already pricing in weaker U.S. inflation, gold bid U.S. CPI and Fed officials in focus. Bearish divergence could see sharp pullback on daily XAU/USD should inflation remain high. Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROP Gold is trading higher this morning ahead of the much …
EUR/USD ANALYSIS EZ and U.S. factors align to bring about bullish support for EUR/USD. U.S. CPI the focus for the week. Rectangle breakout potential on daily chart. Recommended by Warren Venketas Get Your Free EUR Forecast Get My Guide EURO FUNDAMENTAL BACKDROP The euro continues its upward trajectory after last weeks U.S. economic data prints …
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