Asian Metals Market Update: January-12-2018

Posted by on January 12th 2018 in Uncategorized | Be the first to comment!

Monday US markets are closed. Traders will take positions for Tuesday. The hawkish European central bank meeting also supported gold prices. Next week, the Federal Reserve Beige book and US housing numbers will affect metals as well as currency markets. Traders expect a strong growth view from the Federal Reserve. If consumer price index numbers today also come in on the higher side of the expectation curve, then chances of a March interest rate hike will increase. …read more

Source:: GoldSeek


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