Market Overview - Page 17

Gold may face correction amid Federal Reserve rate cut expectations and potential capital outflows.

The reduction in trade uncertainty between the US and EU increases risk appetite. The Fed may ease monetary policy sooner, leading to a fall in the USD and positive outlook for stock indices.

UK business activity and the pound are facing challenges, with both services and manufacturing sectors experiencing slowdowns. This suggests ongoing economic weakness and potential future interest rate cuts.

The US secondary housing market is a concern as existing home sales fell in June to 3.93 million, below expectations, with increasing unsold homes and potential for rate cuts.

The dollar failed to break its downward trend, reaching new lows in July. However, potential fundamental factors could favour a dollar recovery, including inflationary risks and Fed rate policies.

Gold, platinum, and silver prices are rising due to the weakening dollar and global capital diversification. Gold's price is expected to reach $4,000, while silver aims for $50, and platinum approaches $1,900.

Upbeat US inflation data led to a stronger dollar and potential decrease in rate cut hopes. The price index rose, with core inflation showing an increase.

China's economy is accelerating with GDP and industrial production exceeding expectations, driven by stimulus measures and trade agreements. Market sentiment is positive despite disappointing retail sales growth.

The British pound is facing a risk of breaking below key support levels, with a downward trend confirmed below $1.35. Tariffs and a potential shift towards lower interest rates by the Bank of England are contributing to the negative outlook.

In this episode, we explore the latest twists in the global financial markets as the US dollar regains strength, stocks rebound, gold takes a hit, and Bitcoin pushes to new highs. Insights on upcoming US-EU trade talks, risk sentiment, ETF.

Gold has been in a tight trading range, boosted by lower bond yields and the possibility of looser monetary policy. A stronger dollar poses a challenge, and the potential for a bullish breakout remains uncertain.

Trade conflicts have impacted the US dollar, tariffs, and trade deal possibilities. Despite risks, the US economy and stock markets are strong and showing resilience and growth.