Thursday, 21 October 2021

Gold Prices Look to Real Rates as November FOMC Nears, PMI Data Due

Gold prices are looking to real interest rates for direction as markets weigh the rise in nominal yields and inflation expectations ahead of November’s FOMC meeting. PMI data is due.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...