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
$86,401.6+0.03 %
ETH/USDTEthereum
$2,760.27+0.03 %
ZEC/USDTZcash
$1,385+0.00 %
El pulso del mercado hoy
1#USJobsDataToday
2#BTCETHETFOutflows
3#USTreasuryYieldsSurge
