Usually, the gold price is driven by political and economic uncertainty, like economic crises, election pressure, pandemic effects. But in the face of year-and-a-half lasting monetary stimulus program the price of the haven asset acts differently.
Tag - economic data
United States’ Bureau of Labor Statistics will release monthly CPI and core CPI on September 14, 15:30 GMT+3.
The United States will release the weekly Unemployment Claims on Thursday, at 15:30 MT time (GMT+3).
US Retail Sales will be out on August 17 at 15:30 MetaTrader time (GMT+3).
Australia will release employment change and an unemployment rate on July 15, at 04:30 MT time.
Canada will publish a GDP growth for April on June 30 at 15:30 MT time (GMT +3).
Great Britain will publish its trade balance for April on June 11, at 09:00 MT time.
In line with our expectations mentioned in yesterday’s note. Gold failed to sustain its gains above $1900/Oz and declined back all the way to $1888 during the Asian session today,
The USA expects a release of personal spending on May 28, at 15:30 MT time.
The USA will post Retail Sales and Core Retail Sales on May 14, at 15:30 MT time.
The United States will release the weekly Initial Jobless Claims on May 13, at 15:30 MT time
Once in a month, the euro has a very special day of increased volatility at the start of the European trading session.