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Blog posts tagged with 'cpi'

Morning Metals Call
Wednesday, June 12, 2024
Good morning. The precious metals are mostly lower in early U.S. trading.
 
 
U.S. calendar features CPI (+0.1% expected), EIA Data, Treasury Budget, FOMC Policy Statement (steady expected), Economic Projections, Powell Presser.
Gold displays resilience after hotter-than-expected CPI print
Wednesday, April 10, 2024
Gold initially slid on this morning's hotter-than-expected CPI print.
 
Gold Chart
 
However, the yellow metal is displaying a degree of resilience in the face of diminished rate cut expectations, higher yields, and a firm dollar.