<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/gold-climbs-up-by-over-1-as-buyers-look-for-near-term-breakout-20240112/">Gold climbs up by over 1% as buyers look for near-term breakout</a></li><li><a href="https://www.forexlive.com/news/surge-in-oil-prices-adds-anot
Blogs
Gold climbs up by over 1% as buyers look for near-term breakout
<p>With rates moving higher alongside the dollar, you'd typically associate that with weaker gold prices. At least that seems to be the case these days when it comes to the buy the dollar, sell everything else narrative; vice versa. But perhaps with tensions growing in the Middle East, that is lending a helping hand to […]
Surge in oil prices adds another dent in the disinflation narrative this week
<p>With the US and UK carrying out strikes in Yemen, the tensions in the Middle East is pushing oil prices higher on the day. Oil tankers are <a href="https://www.reuters.com/world/middle-east/oil-tankers-divert-red-sea-after-us-uk-strikes-yemen-2024-01-12/" target="_blank" rel="nofollow">reportedly</a&g
Rates may be higher and inflation may be stickier than markets expect, says Jamie Dimon
<p>A miss on both earnings and revenue isn't a good sign (the same goes for BofA earnings as well today) and that is arguably what is weighing further on stocks right now. In any case, Jamie Dimon's remark as per the headline above also serves as a warning and that is taking some of the […]
US futures nudge lower as the post-CPI push and pull continues
<p>US futures are now down near the lows for the day, with S&P 500 futures falling by 0.4% ahead of US trading. This comes as Treasury yields are keeping steadier, with 10-year yields up 1.7 bps to 3.989% on the day. The drop comes as the big banks are releasing earnings, adding to the post-CPI […]
ONS says January labour market data to continue to use recent adjusted series
<p>This is yet again another heads up to the upcoming UK labour market report that will be released next week. This has been an ongoing thing since October already as seen <a href="https://www.forexlive.com/news/heads-up-a-note-on-the-uk-labour-market-data-due-tomorrow-20231023/" target="_blank" rel="follow"&g
BOJ to broadly maintain forecast of inflation staying near target in coming years – report
<p>This is related to the quarterly economic outlook report due this month, with the news yesterday here: <a href="https://www.forexlive.com/centralbank/boj-reportedly-considers-lowering-price-outlook-for-fiscal-year-2024-to-middle-2-range-20240111/" target="_blank" rel="follow">BOJ reportedly considers low
China December M2 money supply +9.7% vs +10.1% y/y expected
<ul><li>Prior +10.0%</li><li>New yuan loans ¥1.17 trillion vs ¥1.40 trillion expected</li><li>Prior ¥1.09 trillion</li></ul><p>Broad money growth in China eases further towards the end of last year while bank loans were once again another miss on estimates this time around. That being said, the
How has the ETF story impacted Bitcoin price action so far this year?
<ul><li><a href="https://www.forexlive.com/Cryptocurrency/bitcoin-takes-a-dive-after-laughable-speculative-report-that-sec-will-reject-bitcoin-etf-20240103/" target="_blank" rel="follow">Bitcoin takes a dive after laughable speculative report that SEC will reject bitcoin ETF</a></li><li
The U.S. debt problem is piling up
<p>JPMorgan has warned that the growing US public debt, which shows no signs of slowing, could pose a real problem for the US economy.</p><p>Every year, the <a href="https://ceo.ca/@TradingView/we-got-a-deal-gold-price-prospects" target="_blank" rel="follow">US government increases its indebtedn