- Pesan
- 882
- Skor
- 262
Analyst: Peter Cruz
Market Brief
EUR/USD stabilizes around the five-year low after posting the biggest daily loss since March 2020. US PPI, Fed speak seems to have favored a rebound in Treasury Yields, and stock future but the bears stay hopeful. ECB policymakers renew July rate hike concerns but tussles with Russia, economic fears weigh on Euro. Gold remains in bearish territory but is attempting to recover from fresh cycle lows.
On the data slate there’s Euro-Zone ECB’s De Guindos Speech; Euro-Zone Industrial Production; US Import & Export Indices; US Michigan Consumer Sentiment Index; Euro-Zone ECB’s Schnabel Speech and US Baker Hughes US Oil Rig Count.
(a) Precious Metal Market
Market Brief
EUR/USD stabilizes around the five-year low after posting the biggest daily loss since March 2020. US PPI, Fed speak seems to have favored a rebound in Treasury Yields, and stock future but the bears stay hopeful. ECB policymakers renew July rate hike concerns but tussles with Russia, economic fears weigh on Euro. Gold remains in bearish territory but is attempting to recover from fresh cycle lows.
On the data slate there’s Euro-Zone ECB’s De Guindos Speech; Euro-Zone Industrial Production; US Import & Export Indices; US Michigan Consumer Sentiment Index; Euro-Zone ECB’s Schnabel Speech and US Baker Hughes US Oil Rig Count.
(a) Precious Metal Market
