For tomorrow's economic data release in the U.S., the focus is on the Non-Farm Payrolls (NFP) and the unemployment rate. These are key indicators of the labor market's health and have significant implications for the economy and financial markets. If the NFP report is extremely positive, showing a much higher number of jobs added than expected, it indicates a...
Market analysis • Rising Dollar Index (DXY) above 104 makes gold more expensive for foreign buyers. • Non-farm payroll data exceeding 200,000 could push gold prices below the 50-day moving average support. • Uncertainties like geopolitical tensions and potential stock market crash could reignite gold's safe-haven appeal. 📈Gold Prices Pull Back, US...
🔴 Here are the most notable developments: • As we mentioned previously, the preference is to buy the dollar with every decline • This comes after statements by Federal Reserve member Neel Kashkari, who surprised the market and said that the Fed may move to raise interest rates instead of lowering them if inflation continues to rise. • Nvidia is close to...
If the unemployment claims data on Thursday comes in higher than expected, indicating more people are filing for unemployment, it might suggest a weakening job market. This could lead the Federal Reserve to consider pausing rate hikes or even lowering rates to support the economy. On the other hand, if the claims are lower than expected, showing a strong job...
🔴 Here are the most notable developments: • Many statements by Federal Reserve members were issued during the week, giving the dollar support in the market in general, or at least preventing it from falling further. • Including the statements of Federal Reserve member Loretta Mester, who said that a one-time drop in inflation will not encourage us to reduce...
🔴 Here are the most notable developments: • Many statements by Federal Reserve members were issued during the week, giving the dollar support in the market in general, or at least preventing it from falling further. • Including the statements of Federal Reserve member Loretta Mester, who said that a one-time drop in inflation will not encourage us to reduce...
As of May 2024, the inflation rate in the USA is around 3.4 Despite interest rate hikes by the Federal Reserve, inflation has not been entirely tamed, and there's still concern about potential economic slowdown or recession. If interest rates continue to rise without effectively controlling inflation, it can lead to several economic consequences. High interest...
In terms of geopolitical events, like the helicopter crash involving the Iranian president, such incidents can create uncertainty in global markets. If the president died accidentally, the market reaction might be moderate, reflecting general instability concerns. However, if it were discovered he was killed intentionally, this could escalate tensions...
Scenario 01 : if the Federal Reserve raise interest rates : Probability of this to happend is lower in my opinion but could happend somehow 1. *Dixie (USD Index):* Typically, when interest rates rise, the value of the dollar strengthens. This is because higher interest rates attract foreign investment, increasing demand for the dollar. So, the Dixie would...
If you did miss this trade bois follow and check my previous analysis i called this trade b4 even the CPI and PPI comes
Guys if you like my analyse please Boost this post and follow me on tradingview lets Start with the analyse GOld 15/05/24 : Yesterday We had Uncle Jerome talks he mentioned alot of things these are the points he mentioned 🟥 Jerome Powell: It is reasonable that job vacancies will decrease without a significant increase in unemployment. 🟥 Jerome Powell: Our...
🔴 Here are the most notable developments: • Yesterday, Powell stated that his confidence in the decline in inflation had declined, but he indicated that inflation so far remains stable. • Powell also ruled out the Fed raising interest rates and stated that the decision to reduce interest rates or not would be linked to inflation and labor data. • Therefore, the...
Waiting for PPI release , elliot waves on the chart im waiting for Price to Hit 2355-2362 im looking for sells over there , :) Gl bois
According to my analysis and according to what you taught me, Tamas : Scenario 1 : If CPI comes negative on Wednesday, it could lead to deflation concerns, which might prompt the Federal Reserve to consider cutting interest rates to stimulate economic activity and prevent deflationary pressures. A negative CPI could indicate a decrease in the general price...
Awsome who took this trade i shared analysis this morning Like always guys keep up the good work , Be patient to your setups
Bullish Factors for Gold: ( HIGH JOBLESS CLAIMS Folders ) Negative for dollar news Decreasing Treasury Yields: If there's deflationary data leading to decreasing Treasury yields, investors may flock to gold as a safe-haven asset amidst economic uncertainty Increasing Unemployment: Rising unemployment signals a cooling or contracting economy, prompting investors...
OANDA:XAUUSD 1/ US Fed's Interest Rate Stance: Neal Kashkari's remarks on maintaining a high interest rate amidst rising inflation could bolster the US dollar 2/ Middle East Tensions: Israel's limited operation in Rafah has stalled the upward momentum of gold prices, indicating a temporary halt in geopolitical concerns 3/ Impact of Interest...
Bearish Scenario: Increased Geopolitical Tensions: Escalation of the conflict leads to heightened geopolitical tensions in the Middle East, sparking concerns about regional stability and security. Risk Aversion: Investors flee from riskier assets, including the U.S. dollar, as uncertainty rises. Instead, they seek refuge in safe-haven assets like gold, driving up...