PU Prime App
Exclusive deals on mobile
PU Prime App
Exclusive deals on mobile
Tenir les marchés mondiaux entre vos mains
Notre application de trading pour mobile est compatible avec la plupart des appareils intelligents. Téléchargez l’application dès maintenant et commencez à trader avec PU Prime sur tout appareil, à tout moment et en tout lieu.
13 January 2022,06:32
Weekly Outlook
13 January 2022, 06:32
On January 12 (Wednesday) afternoon (GMT+2), the United States announced its year-on-year, not seasonally-adjusted Consumer Price Index (CPI) for December. US CPI rose 7% in 2021, the largest 12-month gain since 1982, according to data released by the Labor Department. CPI rose 0.5% month-on-month in December, slightly beating the market expectations of 0.4%.
The strong rise in CPI was largely due to rising shelter costs and used vehicle prices. This data has reinforced expectations that the Fed will start raising interest rates as early as March. Unprecedented demand for commodities, combined with capacity constraints related to the supply of labour and materials has made the high inflation more stubborn and pervasive than the Fed has forecast.
Post-Market
Spot gold rose on Wednesday, hitting a near one-week high and impacting the dollar. USD hit a two-month low after U.S. inflation recorded its biggest annual rise in nearly 40 years. The dollar’s fall has made gold more attractive to overseas investors.
Suki Cooper, an analyst at Standard Chartered Bank, has said that although the market still expects the Fed to raise interest rates for the first time in March, gold prices are still performing “remarkably well”. Cooper also added that while gold historically tended to price in rate hikes early, “Price action suggests that the market has priced in rate-hike headwinds and the scope for near-term USD strength.”
However, David Meger, director of metals trading at High Ridge Futures, has expressed that increasing inflationary pressures will probably keep gold supported in the coming weeks. Overall, a decline has emerged for the dollar, and the price of gold is expected to continue rising in the short term.
In addition, investors are recommended to pay close attention to the upcoming US Initial Jobless Claims data for the week of January 8, which will be announced at 15:30 (GMT+2). Please control your positions and do a good job in risk management.
As a friendly reminder, do keep an eye on market changes, control your positions, and manage your risk well.
Tradez le Forex, les indices, Métaux et plus encore avec des spreads faibles et une exécution ultra-rapide.
Inscrivez-vous pour un compte réel PU Prime grâce à notre procédure simplifiée.
Approvisionnez facilement votre compte grâce à un large éventail de canaux et de devises acceptées.
Accédez à des centaines d’instruments avec les meilleures conditions de trading.
Plaquettes de trading
Entreprise
FAQs
Application PU Prime - Commencez à trader avec un avantage
Risk Warning: Trading Contract for Difference (CFD) carries a high level of risk to your capital and may result in losses that exceed your deposits due to leverage. It's important to understand how CFDs work and assess whether you can afford the high risk of losing your money. When acquiring our derivative products, you do not own or have rights in the underlying assets. Past performance is not indicative of future results. The information on this website is general and does not take into account your personal objectives, financial circumstances, or needs. Seek independent advice from qualified experts if necessary, and ensure you fully understand the risks before making any trading decisions.
PU Prime is a brand name of different entities authorised and registered in various jurisdictions.
PU Prime Limited is authorized and regulated by the Financial Services Authority of Seychelles under License No. SD050, with registered address at CT House, Office 1A, Providence, Mahe, Seychelles.
PU Prime Ltd is authorized and regulated by the Financial Services Commission of Mauritius under License No. GB23202672, with registered address at Suite 201 Level 2, The Catalyst Building, 40 Silicon Avenue, Cybercity Ebene, Mauritius.
PU Prime (Pty) Ltd is an authorised Financial Services Provider registered and regulated by the Financial Sector Conduct Authority of South Africa under License No. 52218, with registered address at 37 Harley Street, Ferndale, Randburg, Gauteng, South Africa.
The information on this website is not intended for residents of certain jurisdictions, including the United States, Singapore, Australia, China, Russia, and jurisdictions listed on the FATF and EU/UN sanctions lists. It is not intended for distribution or use where such distribution or use would be contrary to local law or regulation. While the Authority has granted a securities or derivatives investment business licence to the Licensee, it does not endorse the products offered.
Finzero Cap Ltd, registered in the Republic of Cyprus with registration number HE414308 and registered address at 62 Athalassas, Mezzanine, Strovolos 2012, Nicosia, Cyprus.
Copyright © 2024 PU Prime.
