#Gold spikes to fresh multi-week high, above $1,970 post-US CPI.
A combination of supporting factors pushed spot gold to a fresh multi-week high on Tuesday.
The US CPI accelerated to 8.5% and boosted the metal’s appeal as a hedge against inflation. Retreating US bond yields prompted some USD profit-taking and further extended support.
A combination of supporting factors pushed spot gold to a fresh multi-week high on Tuesday.
The US CPI accelerated to 8.5% and boosted the metal’s appeal as a hedge against inflation. Retreating US bond yields prompted some USD profit-taking and further extended support.
How the largest stocks performed today
Apple $AAPL +1.2%
Microsoft $MSFT -1.1%
Google $GOOGL -0.9%
Amazon $AMZN -0.2%
Tesla $TSLA +1.1%
Berkshire $BRK.B -0.7%
Meta $FB $META -1.1%
Nvidia $NVDA -1.9%
Taiwan Semi $TSM -0.1%
UnitedHealth $UNH -0.7%
$JNJ +0.03%
Visa $V -1.6%
Apple $AAPL +1.2%
Microsoft $MSFT -1.1%
Google $GOOGL -0.9%
Amazon $AMZN -0.2%
Tesla $TSLA +1.1%
Berkshire $BRK.B -0.7%
Meta $FB $META -1.1%
Nvidia $NVDA -1.9%
Taiwan Semi $TSM -0.1%
UnitedHealth $UNH -0.7%
$JNJ +0.03%
Visa $V -1.6%
ATLANTIA:
Potrebbe arrivare entro sera l’offerta di Benetton e Blackstone per #Atlantia. CdA in mattinata. Il prezzo d'opa dovrebbe essere intorno ai 23€. Quale sarà la reazione di Perez e alleati?
Potrebbe arrivare entro sera l’offerta di Benetton e Blackstone per #Atlantia. CdA in mattinata. Il prezzo d'opa dovrebbe essere intorno ai 23€. Quale sarà la reazione di Perez e alleati?
USD/CAD recovers early lost ground, sits near multi-week high ahead of BoC
#USDCAD attracted some dip-buying on Wednesday and inched closer to the multi-week high.
The Fed’s hawkish outlook continued underpinning the USD and extended support to the pair.
Subdued crude oil prices did little to influence the loonie or provide any meaningful impetus.
Investors now preferred to move on the sidelines ahead of the #BoC monetary policy decision.
#trading #forex #analysis #3ST
#USDCAD attracted some dip-buying on Wednesday and inched closer to the multi-week high.
The Fed’s hawkish outlook continued underpinning the USD and extended support to the pair.
Subdued crude oil prices did little to influence the loonie or provide any meaningful impetus.
Investors now preferred to move on the sidelines ahead of the #BoC monetary policy decision.
#trading #forex #analysis #3ST
#GBPUSD needs to clear the 1.3160 hurdle to extend its rebound.
GBP/USD has capitalized on the broad selling pressure surrounding the dollar.
1.3146 (200-period SMA) forms the initial resistance before 1.3160 (static level).
In case the latter turns into support, the next bullish target could be seen at 1.32 (psychological level).
#forex #3ST #trading
GBP/USD has capitalized on the broad selling pressure surrounding the dollar.
1.3146 (200-period SMA) forms the initial resistance before 1.3160 (static level).
In case the latter turns into support, the next bullish target could be seen at 1.32 (psychological level).
#forex #3ST #trading
#ECB expected to maintain rates.
We are seeing central banks respond to spiralling inflation with tighter policy. On Tuesday, both the Reserve Bank of New Zealand and the Bank of Canada implemented super-size increases of 0.50%, although the Canadian and New Zealand dollars moved in different directions after the moves.
The ECB holds its policy meeting later today and is expected to maintain rates, even though, in the words of ECB President Lagarde, this will put the ECB “out of sync” with the Federal Reserve.
——————-
Oggi la BCE comunicherà le sue decisioni di politica monetaria.
Previsti tassi di interesse invariati; il saggio di riferimento dovrebbe restare fermo allo 0%, mentre il tasso sui depositi dovrebbe essere confermato al -0,5%. A seguire la consueta conferenza stampa di Christine Lagarde.
We are seeing central banks respond to spiralling inflation with tighter policy. On Tuesday, both the Reserve Bank of New Zealand and the Bank of Canada implemented super-size increases of 0.50%, although the Canadian and New Zealand dollars moved in different directions after the moves.
The ECB holds its policy meeting later today and is expected to maintain rates, even though, in the words of ECB President Lagarde, this will put the ECB “out of sync” with the Federal Reserve.
——————-
Oggi la BCE comunicherà le sue decisioni di politica monetaria.
Previsti tassi di interesse invariati; il saggio di riferimento dovrebbe restare fermo allo 0%, mentre il tasso sui depositi dovrebbe essere confermato al -0,5%. A seguire la consueta conferenza stampa di Christine Lagarde.