Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Global markets and Wall Street ended last week on a positive note. This week the market will get more information about the central bank’s path ahead to digest when Federal Reserve will release the last meeting minutes on Wednesday, which investors may closely scrutinize for clues on rate hike timings in the second half of 2023.

Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

The key events to focus on for this week are Friday’s Eurozone CPI data and US personal income and spending figures. Both the numbers could help investors determine how the Federal Reserve and European central bank will move ahead with its interest rate policy.

Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Global markets started the new week on a positive note. This week, the important economic events to watch are the series of Service PMI numbers from the US, UK, Germany and the Eurozone, the Reserve Bank of Australia and the Bank of Canada interest rate decision.