Find out the key market movers for the upcoming week
Weekly Market Outlook: October 12 -16
What may push the AUD down this week? What economic releases are worth following? Jump in to know all the answers and get the analysis of EUR/USD, gold, GBP/USD, and USD/JPY!
It's a very interesting week: the reports of the Australian central bank and Bank of England will be out, also NFP will be released on Friday!
This week is going to be full of news from the corporate world, OPEC, FOMC, and the BOJ - tune in!
US inflation rose to a 13-year high making the USD rise…
The global economic recovery led to higher inflation which in turn is believed to cause the recent plunge in the US and Asian stock markets.
Stocks especially tech ones dropped on Tuesday as increasing commodity prices raised concerns over inflation. Gold is often viewed as a hedge against inflation, that’s why it’s trading now near the three-month high.