Tag:
Oil
TreasuryONE
Non-farm payrolls in focus again
With a recent change in the Fed's narrative and a focus on US data that has been largely negative, all eyes will be on non-farm payrolls this week.
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25 or 50, that is the question…
If growth wasn't a concern, a 50bps hike would be a certainty this week. Instead, the MPC has a delicate balancing act ahead, with the market likely to place emphasis on the tone of its statement.
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A rampant dollar and higher US Treasury yields are still impacting the gold price
The gold price is still being impacted by a strong dollar and higher US Treasury yields.
