The overnight CPI data showed that the process of falling inflation is still continuing, helping gold prices recover. However, the performance of the data is still not enough to reverse the decline of gold, unless there is a future...
Mr. Musalem said recent data showed the Fed was making progress in controlling inflation and hoped for more evidence that inflation was heading towards 2 per cent.
The performance of the US economic data released on Thursday was mixed, with the performance of the US dollar and US bond yields diverging. On the eve of the Bank of Japan meeting, the US and Japan were stable above 155, and the Bank of Japan needed to send a message of unexpected hawks... > >