Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Global stocks and commodities started the new on a bearish note due to rising COVID-19 cases and newly recorded deaths in China fuelled concerns over the global economic outlook. This week, traders and investors should pay attention that the November U.S. unemployment report is due Friday.

Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

This week the trading will be thinned out for the last two days and liquidity is expected to remain low as US financial markets are closed on Thursday and a half-day on Friday for the Thanksgiving holiday. The main event on the calendar for monetary policy this week is the meeting of the Reserve Bank of New Zealand on Wednesday.

Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Global stocks and precious metals ended last week on a positive note. The investors were in a buying mood after the most awaited US inflation number unexpectedly dropped to 7.7% in October. The main attraction for this week is the retail sales figures from the US, China and UK.