
Posteo
EGC999
US inflation data released, core PCE year-on-year at 3.0% below the market expectation of 3.3%,bullish for gold $XAU
The logic behind inflation data being lower than expected and bullish for gold is:inflation pressure decreases → the Fed's need to further raise interest rates diminishes → US Treasury yields and the dollar come under pressure → interest-free asset gold benefits
Especially since gold had previously been suppressed by high interest rate expectations and high US Treasury yields.

Deslinde de responsabilidades: el contenido de OKX Orbit se brinda únicamente con fines informativos. Más información
Respuestas
Aún no hay comentarios. ¡Envía la primera respuesta!
Criptos en tendencia
BTC/USDTBitcoin
$87.076,9+0,03%
ETH/USDTEthereum
$2765,51+0,03%
SOL/USDTSolana
$123,05+0,05%
El pulso del mercado hoy
1#USNFPDataCools
Popular



2#BTCETHETFOutflows


3#USTreasuryYieldsSurge

