The oil market struggle: will the crude oil inventories help?
The oil prices experienced significant losses amid the US-Iran tensions at the beginning of the year. What's next?
Gold is rising
The yellow metal could not stay for a long time near the $1,401 level. On H4, it is trying to stick above the 50-period SMA. The first resistance will lie at $1,415. After that, pay attention to the $1,424 level. If the bullish pressure is short-lived, gold will retest the $1,401 level. In the case of the breakout, pay attention to the $1,391 level.
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GOLD: bullish move on US-Iran conflict escalation
Iran retaliates, Donald Trump will announce the next step by the US today. Gold flies up to $1,600 per ounce.
Cautious moods entering the market
The Middle East tension pushes the market into a cautious mode; oil, gold, and the safe-haven currencies gain.
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The risk sentiment gets better as Chinese data improves
The recent Chinese figures bring optimism
ZAR and TRY: central banks bring the action
On Thursday, January 16 two central banks: the Reserve bank of South Africa and the Turkish Central Bank will make their interest rate decisions.
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