Gold, Silver Price Outlook: Precious Metals Seek Directional Cue

Gold and silver have pulled back from their respective highs, looking for the next catalyst. With risk sentiment improving, precious metals may find support from a softer USD

Crude Oil Prices Retrace Some Losses Despite US Demand Doubts

US crude inventories fell, but much of this was down to oil exports rather than strong local demand.

US Q1 GDP Misses Forecasts, PCE Beats Estimates, US Dollar Moves Higher

The US economy expanded by 1.6% q/q in the first three months of the year, missing estimates of 2.5% and down from 3.4% in Q4 2023. US dollar firms after PCE figures nudge higher.

Yield Curve Inversion and its Economic Implications

Yield curve inversion has historically been associated with economic slowdowns and recessions in the US.

USD/JPY Breaches ‘Line in the Sand’ Ahead of BoJ Meeting

The yen continues to depreciate, adding pressure to Japanese authorities to respond. Will recent wage growth and yen weakness bring the inflation target within reach?