zetradex Posted January 14 Share Posted January 14 π[2025-01-14 Overnight Review]πΉ π FOREX: EUR/GBP rose to 0.8660 as weak U.K. industrial production data weighed on the pound. AUD/NZD slipped to 1.0705, pressured by weak Australian commodity prices and improved business confidence in New Zealand. CAD/JPY climbed to 114.80, supported by rising crude oil prices and a softer yen. CHF/NOK edged higher to 11.25 amid safe-haven demand and subdued risk appetite. π₯ GOLD: Gold prices edged higher to $2,700 per ounce, supported by persistent inflation concerns and geopolitical uncertainties. A slight pullback in U.S. bond yields also contributed to the metalβs gains. π’ CRUDE OIL: WTI crude oil extended its rally, closing at $79.10 per barrel. Prices were driven by optimism around Chinaβs economic recovery and reduced Russian exports, despite lingering concerns about global demand. π Today's Financial Data and Events: Tuesday, January 14, 2025 β 01:30 GMT - China December Trade Balance β‘ 07:00 GMT - Germany December Wholesale Price Index β’ 10:00 GMT - Eurozone December Industrial Production β£ 13:30 GMT - U.S. December Consumer Price Index (CPI) β€ 15:00 GMT - Canada December Manufacturing Sales β₯ 20:00 GMT - U.S. Monthly Budget Statement (December) For more: https://t.me/zetradexgroup Link to comment Share on other sites More sharing options...
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