Opinions

Amid global economic turmoil and rising governmental instability, gold’s (XAU/USD)’s resilience shines as central banks brace for impact.

The Federal Reserve’s insights on economic trends and Powell’s comments post-meeting could significantly sway gold prices and diverse stock sectors.

Fundamentals are bullish, but technical indicators show that oil markets are overbought in the near term.

IEA confirmation of OPEC+ cuts fuels short-term bull run; oil prices surge on optimism, supply disruptions while differing visions create uncertainty.

While the Fed is expected to leave the federal funds rate unchanged on September 20, strong economic data may force the central bank to raise rates by 25 bps in November.

Global oil markets could get tighter in the remaining months of the year.

The upcoming CPI report indicates a 0.4% rise; experts predict no Fed rate hikes in September, amid investor concerns over S&P 500’s 5% dip.

Natural gas analysts note that initial strikes target Chevron’s efficiency, not production, casting doubt on a prolonged LNG price rally.

The Jolts and Non-Farm Payrolls reports suggest a labor market becoming increasingly balanced, aligning with the Fed’s objectives.

Lagarde vows high EU rates against inflation; Powell urges patience in assessment, stressing measured response.

BRICS expansion faces internal rifts and diverse goals, making its ambitious “de-dollarization” aspirations seem far from immediate reality.

Powell emphasized US resilience, suggesting higher rates are possible; Harker and Mester hinted at 2023 monetary policy adjustments amid inflation.

BRICS’ growth challenges US dollar’s dominance, potentially boosting gold demand, and reshaping global financial dynamics.

Traders are overestimating the probability of another rate hike from the Fed.

U.S. dollar enjoyed a strong rebound from July lows but this rally may soon lose steam, which will be bullish for gold markets.

Australia’s potential strikes and the looming heating season escalate global gas supply challenges for Winter 2023-2024.

Gold and silver prices echo inflationary trends, while heightened CPI may delay end of rate hike cycle; core inflation demands Fed vigilance.

The recent extension of production cuts from Saudi Arabia and Russia may push WTI oil towards the $85 level.

Economic resilience and strong job market support a soft-landing outlook, but wage inflation remains a concern allowing Powell to remain hawkish.

Gold has a good chance to test all-time highs in 2023.