Risk markets pushed higher over the week, spurred on by a lull in Israel/Iran hostilities. Next week the FOMC and tech heavyweights Amazon and Apple will dominate risk sentiment.
Gold rose last week but the size of the recent gains have tapered off as risk sentiment recovered. Will elevated rates weigh on gold or will growth concerns provide support?US PCE data provided the catalyst to help the dollar end the week flat. Will concerns around re-accelerating inflation emerge in the FOMC statement, buoying USD?Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.
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