-
1 month ago | 
fxstreet.com | Muhammad Umair
Gold prices are rising due to growing concerns over trade tariffs and geopolitical instability.
-
Jan 19, 2025 | 
fxempire.com | Muhammad Umair
Inflation has moderated to around 3%, and the Fed has cut interest rates by 1% from their 2024 peak to stimulate the economy. However, inflation could rise again due to escalating geopolitical tensions, which drive up energy prices and increase energy CPIs. The chart below shows headline CPIs trending upward toward 3.0% after the Fed lowered the interest rates. Moreover, the bond market stabilized ahead of Donald Trump’s inauguration as core inflation data eased to +0.2% m/m.
-
Jan 16, 2025 | 
fxempire.com | Muhammad Umair
The US inflation data for December reveals mixed signals. The core CPI dipped slightly to 3.2% year-over-year, while headline CPI rose to 2.9%, as shown in the chart below. This increase exceeds the Fed’s 2.0% target. This divergence underscores the ongoing challenges in controlling inflation, despite some moderation in core prices. Moreover, the services CPI grew by 0.1%, indicating that persistent inflation pressures may be easing. This could provide the Fed with temporary relief.
-
Jan 15, 2025 | 
fxempire.com | Muhammad Umair
AUD/USD Gains Traction Amid Strong Employment Data and US InflationThe US dollar index (DXY) dropped following the release of December’s inflation data, reaching multi-day lows. The headline CPI rose 2.9% annually, aligning with expectations. However, the core CPI shows slower growth of 3.2% year-over-year and was below forecasts. This divergence has increased uncertainty about the Federal Reserve’s policy direction and contributed to heightened volatility in the US markets.
-
Jan 15, 2025 | 
fxempire.com | Muhammad Umair
Brent crude oil (BCO) surged above $80 per barrel amid concerns over potential supply disruptions due to sanctions on Russian shipping. The expanded sanctions targeted major Russian oil producers and 183 vessels, heightening fears of constrained supply. Similarly, WTI crude oil (CL) rallied, breaking the key resistance level of around $78.
-
Jan 15, 2025 | 
fxstreet.com | Muhammad Umair
Gold (XAUUSD) prices increased on Tuesday after data from the United States (US) showed that prices paid by producers cooled off. This kept traders hopeful for additional monetary policy easing by the US Federal Reserve (Fed). The gold price trades around $2,675 and shows positive momentum within the ascending channel. The US Bureau of Labor Statistics (BLS) revealed that the Producer Price Index (PPI) increased but missed estimates for a higher print.
-
Jan 14, 2025 | 
medium.com | Muhammad Umair
Muhammad Umair·Follow2 min read·--Life is going on. Our priorities are changing with the passage of time. To achieve favorite one, we ignore other ones. In simple meaning, we sacrifice our joys and beautiful moments of life in achieving one goal. When time of achievement comes, we already have second goal of life. After achieving second one, we have third one.
-
Jan 14, 2025 | 
fxempire.com | Muhammad Umair
The robust hiring in December, with a 256K increase in employment, demonstrates strong economic momentum. The chart below highlights US total nonfarm employment and unemployment rate data. Total nonfarm employment has increased, reflecting positive momentum in late 2024. However, unemployment rates remained low but fluctuated during the same period. On the other hand, employment in cyclical sectors, such as manufacturing and construction, remains near its peak.
-
Jan 13, 2025 | 
fxempire.com | Muhammad Umair
Aussie Holds Support as Traders Eye Economic ReportsThe AUD/USD pair rebounds from its long-term support zone on Monday. Despite the US Dollar’s strength, the Australian Dollar gains as traders reassess market conditions. The US Dollar Index climbed to a two-year high above 110.00, supported by robust economic conditions reflected in strong employment data. The strong labor market data has bolstered the US Dollar by lowering expectations of dovish actions from the Federal Reserve.
-
Jan 13, 2025 | 
fxempire.com | Muhammad Umair
WTI crude oil (CL) shows strength at the resistance level of $78.40. Natural gas (NG) remains strong following a breakout from the cup-and-handle pattern. USD/CAD trades within the ascending channel and continues to trend higher. WTI Oil+0.79%Brent Oil-0.52%Natural Gas-7.55%USD/CAD+0.08%Crude oil prices continue to rally, with WTI crude oil (CL) reaching $78.50 per barrel and Brent oil (BCO) hitting $80 per barrel.
