Craig Erlam - Profile and Journalist Details
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Craig Erlam
Verified
Analyst, OANDA Market Insights
London
Beats
Actualité et politique
Content
By Zain Vawda, Kenny Fisher, Craig Erlam| MARKETPULSE@ Gold prices supported by rate cut expectations and central bank buying. Gold ETFs see positive flows, suggesting bullish momentum. Fed Chair Powell’s testimony and may cause short-term volatility but no direction. MOST READ: Oil Price Update – Oil Prices Fall as Gaza Talks and Hurricane Beryl Take Center StageGold prices found support at $2350 per ounce yesterday after a selloff erased Friday’s gains.
By Kenny Fisher, Craig Erlam| MARKETPULSE@ The euro is showing little movement on Tuesday. EUR/USD is trading at 1.0819, up 0.05% on the day. The eurozone Sentix Investor Confidence index resumed its losing ways on Monday. The index slid to -7.3 in July, after a 0.3 gain in June. Prior to the June reading, the index had declined continuously since March 2022. There have been signs that the eurozone economy is finding its feet but investors aren’t showing any optimism over the eurozone’s economic outlook.
By Zain Vawda, Kenny Fisher, Craig Erlam| MARKETPULSE@ Gold prices supported by rate cut expectations and central bank buying. Gold ETFs see positive flows, suggesting bullish momentum. Fed Chair Powell’s testimony and may cause short-term volatility but no direction. MOST READ: Oil Price Update – Oil Prices Fall as Gaza Talks and Hurricane Beryl Take Center StageGold prices found support at $2350 per ounce yesterday after a selloff erased Friday’s gains.
Company Info
OANDA Market Insights
New York, New York, United States
+1 212-858-7690