Oil prices could rise in the short term if China begins to dismantle the Shanghai lockdowns and the European Union reaches an agreement among member states to ban Russian oil imports.
Gold fell last week as traders moved out of risk assets, boosting the US Dollar to its strongest level since December 2002. The yellow metal faces a tough path if Greenback strength persists.
The Australian Dollar fell, extending losses this past week. Will a jobs report revive some strength for AUD/USD? Technical and sentiment analysis seems to hint otherwise.
Cable continues to be plagued with the ‘stagflation’ tag as risk to growth restrict lofty rate hike plans. The NI protocol issue returns following the EU’ new proposal
Inflation is in focus this week, with the United States and China set to report CPI data. Central bank rate hike bets are being monitored after last week’s wave of risk aversion. Will markets rebound?
Inflation is in focus this week, with the United States and China set to report CPI data. Central bank rate hike bets are being monitored after last week’s wave of risk aversion. Will markets rebound?