Market participants are laser-focused on tomorrow's CPI report

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 78%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Market participants are laser-focused on tomorrow's CPI report

Gold pricing declined earlier this week on the heels of the most recent jobs report for March which was released on Friday. However, because markets were closed a delayed reaction occurred beginning Monday morning in Australia and moving through Hong Kong, London, and then New York with June gold futures trading to a low of $1995 before recovering and closing above $2000 per ounce.

Economic predictions and forecasts expect that the inflation rate will decline from 6% to 5.2% YoY. However, the predictions also expect that the core inflation rate will increase by 0.1% from 5.5% to 5.6%. The Federal Reserve focuses on the core inflation numbers which exclude food and energy costs.

China has made bold moves as it began military exercises focusing on Taiwan. The Chinese military recently sent dozens of aircraft across the Taiwan Strait median line. This occurred a few hours after China announced the beginning of three days of drills around Taiwan in response to the island's President, Tsai Ing-wen, visiting the U.S. and meeting the House speaker.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 13. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

U.S. inflation data to test market’s bets on future Fed easingClosely watched report could help settle one of Wall Street’s most pressing questions
출처: globeandmail - 🏆 5. / 92 더 많은 것을 읽으십시오 »

Oil steadies as market awaits updates on crude supply challenges - BNN BloombergOil steadied as traders assess challenges to supply in the wake of planned output cuts by OPEC+ and in anticipation of news on when Iraq may resume exports from its northern fields.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »

An uneasy calm: World market themes for the week aheadWhat investors will be watching over the next seven days
출처: globeandmail - 🏆 5. / 92 더 많은 것을 읽으십시오 »

Housing market downturn just hitting cottage countryRoyal LePage CEO Phil Soper talks about Canada\u0027s recreational property market. Watch here.
출처: financialpost - 🏆 7. / 85 더 많은 것을 읽으십시오 »