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🌈[2025-01-14 Overnight Review]💹

🖌 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.

🔥 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 metal’s gains.

🛢 CRUDE OIL:
WTI crude oil extended its rally, closing at $79.10 per barrel. Prices were driven by optimism around China’s economic recovery and reduced Russian exports, despite lingering concerns about global demand.

📌 Today's Financial Data and Events: Tuesday, January 14, 2025

① 01:30 GMT - China December Trade Balance
② 07:00 GMT - Germany December Wholesale Price Index
③ 10:00 GMT - Eurozone December Industrial Production
④ 13:30 GMT - U.S. December Consumer Price Index (CPI)
⑤ 15:00 GMT - Canada December Manufacturing Sales
⑥ 20:00 GMT - U.S. Monthly Budget Statement (December)

For more: https://t.me/zetradexgroup

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