Gold Up As Dollar Stalls Ahead Of US CPI, Retail Sales
The dollar buying witnessed at the start of the week was driven by rising expectations about a June rate hike following last week’s FOMC statement and a solid US monthly jobs report.
Retail Sales
Thursday’s Key Economic Data
Today’s Key Economic Data
Thursday Key Economic Data
Today’s Key Economic Data
Thursday Key Economic Data
Today’s Key Economic Data
Tuesday’s Key Economic Data
Today’s Economic Key Data
Monday’s Key Economic Data
Today’s Economic Key Data
GBPUSD Forecast July 24, 2015, Technical Analysis
The GBPUSD pair initially rallied during the session on Thursday, testing the 1.57 region. However, we sold off rather drastically and crashed into the 1.55 handle.
MARKET COMMENTARY: Market Trying To Go Higher
After a bullish performance last week, the market began yesterday a little off but managed to fight its way into increases across the major indices with S&P 500 closing at 1556, just 9 points shy of its record closing high in 2007.
Daily Energy Report
Oil prices created an inside-day in WTI yesterday and both Brent and WTI again had trouble with their 50-day moving averages. Those technicals may offer pressure again in today’s trade, where the market will also be weighed down by continued growth in U.S. oil production, growth in oil stocks, building gasoline inventories, and generally weak demand.
Breaking News – Retail Sales – PPI
Breaking News – Retail Sales and October Producer Price Index (PPI)