Key earnings for the week starting October 17:Monday, October 17Bank of AmericaCharles SchwabBank of New York/MellonTuesday, October 18J&JNetflixGoldman SachsIntuitive surgicalInteractive brokersUnited AirlinesWednesday, October 19TeslaProcter & GambleIBMLam R Goldman esearchTravelersAlcoaThursday, October 20AT&TFreeport-McMoranDowWhirlpoolFriday, October 21VerizonAmerican...
Gold Fundamental Forecast - BearishGold prices fell 3 percent last week as US inflation surprised higherThe Federal Reserve will likely have to step up its fight against pricesXAU/USD remains fundamentally biased to the...
SUN: Chinese CCP National Congress.MON: New Zealand CPI (Q3).TUE: RBA Minutes, Chinese GDP (Q3)/Retail Sales (Sep)/Industrial Output
(Sep), German ZEW Survey (Oct).WED: UK Inflation (Sep), EZ Final CPI (Sep), Canadian CPI (Sep).THU: PBoC LPR...
US DOLLAR OUTLOOK: BULLISHThe U.S. dollar, as measured by the DXY index, registers another positive week, supported by higher Treasury ratesBond yields surge on hotter-than-expected inflation U.S. CPI dataStubbornly high inflationary pressures will...
S&P 500, VIX, Financial Stability, USDJPY, GBPUSD and USDCNH Talking Points:The Market Perspective: USDJPY Bearish Below 141.50; Gold Bearish Below 1,680The second half of this past week proved very different than its first...