Gold extends the losses as Fed rate hike risks increase amid prolonged US-Iran stalemate
FUNDAMENTAL
OVERVIEWAfter a brief consolidation on Monday, gold fell into new lows yesterday. The
main driver ...
What are the main events for today?
EUROPEAN SESSIONIn the European session, the main highlight was the UK CPI report. The data came out lower than expec ...
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UK April CPI +2.8% vs +3.0% y/y expected
Prior +3.3%CPI +0.7% vs +0.9% m/m expectedPrior +0.7%Core CPI +2.5% vs +2.6% y/y expectedPrior +3.1%Core CPI +0.7% vs ...
Germany April PPI +1.2% vs +1.0% m/m expected
Prior +2.5%More to come..
This article was written by Justin Low at investinglive.com.
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