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There are just so many reactions unfolding right now to the lower than expected US CPI data and one of those is playing out on Gold. The metal has lifted on the news, rising now above $2,330 and this was just the kind of benign report the metal needed to really clear its way above that $2,314 level. That said the move higher, by comparison to other markets has actually been pretty contained and there seems to be some hesitation on this one. Perhaps the most recent downside price action accounts for that? So, anyway Gold has lifted to a high so far at $2,334.25
Owing to technical reasons, after this there will be no more updates from this analyst until early tomorrow morning. In the meantime, we should note...
Not long ago the DAX lifted above 22,425 and that means it has lifted further above the last technical rebound level of note (22,299.29). Of course it...
There is not that much of importance due out today in terms of US data releases or Q1 earnings reports. However, as far as earnings go, that sees...
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