Gold: Fed repricing supports but upside capped by energy risks – ING
ING strategists Warren Patterson and Ewa Manthey report Gold has risen for a second session as softer US producer price data weighs on the Dollar and Treasury yields, reducing expectations of near-term Federal Reserve tightening.

ING strategists Warren Patterson and Ewa Manthey report Gold has risen for a second session as softer US producer price data weighs on the Dollar and Treasury yields, reducing expectations of near-term Federal Reserve tightening. Markets now assign a much lower probability to a July rate hike, which supports Gold. However, they caution that ongoing Middle East tensions and elevated energy prices could limit upside.

Lower Fed odds aid bullion

"Gold rose for a second straight session as softer-than-expected US producer price data weighed on the dollar and Treasury yields."

"Lower energy costs helped ease inflation pressures, reducing expectations of near-term Federal Reserve tightening."

"Markets now price only a 12% chance of a July rate hike, down from almost 31% a week ago. Lower rate expectations are supportive for gold."

"But we believe upside could remain limited in the near term if Middle East tensions continue to support energy prices and keep inflation risks elevated."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)

Mais de um milhão de usuários confiam na FXStreet para dados de mercado em tempo real, ferramentas de gráficos, insights de especialistas e notícias de Forex. Seu calendário econômico abrangente e webinars educacionais ajudam os traders a se manterem informados e tomarem decisões calculadas. A FXStreet conta com uma equipe de cerca de 60 profissionais, divididos entre a sede em Barcelona e diversas regiões globais.
Ler mais

COTAÇÕES AO VIVO

Nome / Símbolo
Gráfico
% Variação / Preço
XBRUSD
Variação 1 dia
+0%
0
XTIUSD
Variação 1 dia
+0%
0
XAUUSD
Variação 1 dia
+0%
0

TUDO SOBRE OIL

Explore Mais Ferramentas
Academia de Trading
Navegue por uma ampla gama de artigos educacionais cobrindo estratégias de trading, insights de mercado e fundamentos financeiros, tudo em um só lugar.
Saiba Mais
Cursos
Explore cursos de trading estruturados projetados para apoiar seu crescimento em cada etapa de sua jornada de trading.
Saiba Mais
Webinar
Participe de webinars ao vivo e sob demanda para obter insights de mercado em tempo real e estratégias de trading de especialistas da indústria.
Saiba Mais