Trump's tariffs are widely expected to drive up inflation and make it harder for the Fed to keep it under control, with Goldman Sachs and Wells Fargo expecting the Fed to cut interest rates twice this year, while Morgan Stanley joins Barclays and Macquarie in forecasting only one 25 basis point rate cut this year, citing uncertainty caused by President Trump's tariffs. The Federal Reserve also kept its benchmark overnight interest rate at 4.25% at its January policy meeting.
Risk aversion has pushed up gold prices. Where is the resistance to gold? Gold is off to a strong start. Can we test 2700 again? Click to view detailed analysis > > >
The residual heat of non-agricultural data continues to push up US bond yields. What will happen to the CPI data this week? These sub-items may usher in major changes... > >
The possibility of war pushes up oil prices? But the current oil price just shows that the market is not betting on a full-scale war; gold is in turmoil, and the breakthrough direction will be the next clue; non-US currencies may still fall, and Japan, Europe or fall to... > >
The rebound in gold suggests that prices are still likely to rise, and maintaining this support can continue to maintain a positive trend! Could Saudi Arabia be interested in raising oil prices? The current trend of the yen has not yet triggered the conditions for intervention, and the authorities' intensive warnings are instead pushing the United States and Japan higher?