Gold prices staged a turnaround on Friday, reversing the earlier decline and trading just above the $5,170 mark per troy ounce. The yellow metal continues to draw support from safe haven demand linked to tensions in the Middle East, although gains remain measured as investors weigh the prospect of higher inflation.
Fed Miran on CNBC is saying: Hesitant to read too much into one month jobs report. Policy is mis-calibrated monetary policy is too tight. Fed typically does not respond to oil prices. If anything biases me toward even more dovish policy. Hesitant to respond to oil prices until we know more It is hard to imagine what the new…
Gold prices staged a turnaround on Friday, reversing the earlier decline and trading just above the $5,170 mark per troy ounce. The yellow metal continues to draw support from safe haven demand linked to tensions in the Middle East, although gains remain measured as investors weigh the prospect of higher inflation.
Kansas City Fed Pres. Jeffrey Schmid is speaking and says: Businesses are pausing on hiring. Labor market is under a structural not cyclical strain Jeffrey Schmid leans to the hawkish side on the Federal Reserve. In his most recent public appearance on March 3, 2026, he signaled his continued opposition to further interest-rate cuts, stating that there is “no…
UOB Global Economics & Markets Research, through Associate Economist Jester Koh, judges that Singapore’s GDP exposure to the Middle East conflict is modest under a short-lived shock scenario. Exports to key regional economies are about 2% of total exports, and UOB keeps its 2026 GDP growth forecast at 3.6%, while flagging potential secondary demand effects via weaker global consumption…
ECB’s Isabel Schnabel is is speaking and says: Temporary inflation overshoot is of little relevance if expectations remain anchored. ECB is still in a good place Iran war creates upside inflation risks. Central bank must monitor persistence of energy price shock Post-pandemic lessons suggest ECB must tread carefully. With inflation projected to be at our target over the medium-term,…
Gold prices staged a turnaround on Friday, reversing the earlier decline and trading just above the $5,170 mark per troy ounce. The yellow metal continues to draw support from safe haven demand linked to tensions in the Middle East, although gains remain measured as investors weigh the prospect of higher inflation.
2026.03.06 2026.03.06 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.03.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The last part of impulse 5 appears to be developing. Consider selling the asset with Take Profit at 62,400.00. XRPUSD:…
Reports that Iran is launching attacks on US forces in Bahrain, and also attacking military base housing US diplomatic centered near Baghdad international airport. The price of crude oil is extending above the $92 level. The high price of just reached $92.61. The current price is trading at $92.20. That’s up $11.19 or 13.81% on the day. Earlier today,…
Gold prices staged a turnaround on Friday, reversing the earlier decline and trading just above the $5,170 mark per troy ounce. The yellow metal continues to draw support from safe haven demand linked to tensions in the Middle East, although gains remain measured as investors weigh the prospect of higher inflation.
