Therefore, Gold price is making another recovery attempt from four-week troughs of $1,914 early Thursday. Markets trade with caution, reflective of the mixed tone in the Asian indices even though the US S&P 500 futures post small gains.
Investors resort to adjusting their US Dollar positions ahead of the all-important CPI inflation data from the United States, which will have a significant influence on the US Federal Reserve (Fed) policy path.
US annual headline CPI is seen rising 3.3% in July against a 3% increase recorded in June. The Core CPI inflation is likely to steady at 4.8% YoY in the reported period. On a monthly basis, both the headline and Core inflation figures are expected to hold steady at 0.2%.
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.