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Commodities Week Ahead: Oil, Gold in Data
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Introduction, and London-traded rose at the start of Asian trading on Monday. that’s expected to feature ...
,What are the domestic foreign exchange dealers? and London-traded rose at the start of Asian trading on Monday.
that’s expected to feature the smallest US rate hike in almost a year — . The comes on a day later, with an increase that could be as large as 50 basis points.
on Wednesday for any indications of how much higher rates will rise and when officials might consider a pause.
prices could drop after a six-week-long rally as investors turn some of their attention to the , which has fallen three weeks in a row, hitting the US currency’s lowest value since April.
, more closely followed than futures by some traders, settled at $1,928.15 — down 96 cents, or 1%, on the day. Spot gold peaked at $1,934.56 so far on Monday.
of 185,000 for January, down from 223,000 in December. The , meanwhile, is projected to tick up to 3.6%. are expected to slow slightly from the previous month.
for December on Wednesday, along with ISM PMIs.
on Tuesday, which is expected to show a small contraction. The bloc is to release for January on Wednesday, which is expected to have slowed for a third straight month.
), Amazon (NASDAQ:), and Alphabet (NASDAQ:) - three of the four largest US companies by market value. Meta Platforms (NASDAQ:), which owns Facebook, will also be releasing results this week.
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