Brent is trading above $80 per barrel

 

Crude Oil Oil Brent Brent crude BRN

XAUUSD is heading toward a third consecutive weekly gain

 

  • Gold trades close to a 1-month high
     
  • US data sparks hopes for Fed rate cuts this year
     
  • Fed's Waller underlines sooner rate cuts potential
     
  • Trump's proposed tariffs could drive inflation higher

 

Gold Bullion XAUUSD inflation Hedge

XRP soared 18%!

 

crypto XRP Ripple

US Dollar Index may be rocked by US CPI release

 

US Dollar US Dollar Index USDInd US CPI US Inflation inflation

This Week: GBPUSD hit lows unseen since 2023

 

GBPUSD British Pound cable

Gold climbs higher despite stronger NFP reading

 

  • XAUUSD hits above $2,680 in fourth consecutive session of gains
     
  • Safe-haven demand rises amid market instability
     
  • US NFP data – stronger-than-expected
     
  • Gold ETF inflows grow

 

XAUUSD Gold Bullion

Brent set for longest weekly gains since July 2024

 

  • Brent sees three weeks of growth, now above $77
     
  • Colder weather drives demand for heating fuels globally
     
  • Russia's oil exports hit lows, adding supply concerns
     
  • China's slowdown and strong US dollar pose challenges

 

Brent Crude Oil

GBPUSD drops to its lowest since Nov 2023!

 

  • GBPUSD drops below $1.23 – lowest since Nov 2023
     
  • Higher UK rates fail to offset dollar strength and concerns
     
  • Bank of England may cut rates despite inflation above 2%
     
  • US trade tensions and fiscal fears weigh on the pound

 

GBPUSD British Pound cable

This Week: Can US500 index return above 6,000?

  • US500 immediate resistance at 50-day SMA; critical support around 5880
     
  • In focus this week: FOMC minutes; monthly US nonfarm payrolls.
     
  • US500 could be restored above 6k / 21-day SMA if markets restore bets for more Fed rate cuts in 2025
     
  • US500 could be dragged down to 100-day SMA if incoming data supports fewer Fed rate cuts this year
     
  • US markets closed this Thursday (Jan. 9th) for funeral of former US President Carter

 

US500 S&P 500 Stocks indices FOMC Federal Reserve fed minutes US jobs report Nonfarm Payrolls

3 reasons why Gold might reach $3000 in 2025

  • Gold already up 1.2% so far in 2025
     
  • Further gains require more Fed rate cuts, central bank/ETF buying, and safe haven demand
     
  • Bullion could climb if investors seek inflation hedge under Trump 2.0's inflation-stoking policies
     
  • Bulls must still battle past resilient US dollar, hawkish Fed
     
  • Bloomberg model: 76.6% chance XAUUSD trades between $2332.23 - $3208.43 this year

 

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