Gold extends the losses as hawkish Fed risks keep weighing on precious metals
FUNDAMENTAL
OVERVIEWGold extended the losses yesterday as traders likely hedged into a
potentially hot US CPI ...
What is the distribution of forecasts for the US CPI?
The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expe ...
US futures hold lower with inflation data in focus
Traders and investors were sent reeling after the hot US jobs report at the end of last week. Since then, there is an ...
Will SpaceX’s IPO break the market?
With nonfarm payrolls up 172,000 in May, more than double the 85,000 expected, the Fed has more reason to stay focuse ...
What are the main events for today?
EUROPEAN SESSIONIn the European session, we don’t have anything on the agenda so the price action will likely r ...
FX option expiries for 10 June 10am New York cut
There are just a couple of expiries to take note of on the day, as highlighted in bold below.They are both for USD/JP ...
BOJ to raise interest rates to 1% in June meeting – poll
66 of 70 economists (~94%) forecast the BOJ to raise its policy rate to 1% in June (previously ~65%)68 of 69 economis ...
Gold stays under pressure after break of key technical level this week
The story for precious metals now is that it looks like things will get much worse before they get any better. The fa ...
investingLive Asia-Pacific FX news wrap: The day the war ceasefire really hit the fan.
War news dominated, read from the bottom up for chronology:Iran strikes US bases in Jordan, Kuwait and Bahrain as ret ...
Iran strikes US bases in Jordan, Kuwait and Bahrain as retaliation widens across region
This is a categorically different order of escalation. Long-range missile strikes on Al-Azraq in Jordan, home to F-35 ...
Iran attacks US Fifth Fleet in Bahrain after American strikes target Hormuz defense
Iranian drone strikes on the US Fifth Fleet in Bahrain represent a fundamental escalation, taking the conflict out of ...
China May CPI 1.2% y/y (expected 1.3%) and -0.1% m/m (expected -0.2%)
more to come
This article was written by Eamonn Sheridan at investinglive.com.