Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Global equity markets and precious metals ended with notable gains last week despite a hawkish speech by Jerome Powell. Looking ahead, the global markets are expected to remain extra volatile the remaining week due to a busy economic calendar and all eyes remain on Friday’s US job report.

Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Precious metals started the new of trading on a bullish note while US stock futures opened mixed on Monday following the Thanksgiving break. The volatility is expected to remain high this week, based on a list of important data and events. The ISM manufacturing PMI and the Core Personal Consumption Expenditures (PCE) Price Index may be the most market-moving events on the calendar this week.