The current outlook is Bullish primarily because recent US economic data (inflation or employment) has come in weaker than expected, weakening the US Dollar. This drives institutional capital into Gold as a safe-haven and inflation hedge.
| Economic Event | Sentiment | Impact Score |
|---|---|---|
Core CPI (YoY) Apr 10, 12:30 |
BULLISH | +12.0 |
CPI (MoM) Apr 10, 12:30 |
BULLISH | +12.0 |
Core CPI (MoM) Apr 10, 12:30 |
BULLISH | +12.0 |
CPI (YoY) Apr 10, 12:30 |
BULLISH | +12.0 |
CPI Index, n.s.a. Apr 10, 12:30 |
BULLISH | +12.0 |
PPI (MoM) Apr 14, 12:30 |
BULLISH | +10.4 |
Core PPI (MoM) Apr 14, 12:30 |
BULLISH | +10.4 |
PPI (YoY) Apr 14, 12:30 |
BULLISH | +10.4 |
Core PPI (YoY) Apr 14, 12:30 |
BULLISH | +10.4 |
Private Nonfarm Payrolls Apr 03, 12:30 |
BEARISH | -2.7 |
Nonfarm Payrolls Apr 03, 12:30 |
BEARISH | -2.7 |
Unemployment Rate Apr 03, 12:30 |
BEARISH | -2.1 |
Philadelphia Fed Manufacturing Index Apr 16, 12:30 |
BEARISH | -2.0 |
Initial Jobless Claims Apr 16, 12:30 |
BULLISH | +2.0 |
Continuing Jobless Claims Apr 16, 12:30 |
BEARISH | -2.0 |