December 17 economic data and events' impact on gold #黄金
On December 17, several data and events in the economic calendar will influence the price movement of gold. Gold is priced in US dollars, and its price is closely related to the strength of the dollar, global monetary policy expectations, and inflation levels. The key focus items for the day will impact this logic from different dimensions.
The CPI data for November from the UK and the Eurozone is a core inflation clue. If inflation performance exceeds expectations, market expectations for the UK and Eurozone central banks to maintain high interest rates will heat up, and a stronger euro and pound will suppress the dollar, thereby benefiting gold; conversely, weak inflation may lead to a rebound in the dollar, putting pressure on gold.
Speeches from Federal Reserve officials are also crucial, as comments from Waller and Williams will reveal the direction of the Federal Reserve's monetary policy. Hawkish signals will push up the dollar and U.S. Treasury yields, weakening gold's appeal; dovish statements will boost gold prices. Additionally, U.S. EIA crude oil inventory data will indirectly affect gold prices by influencing inflation expectations and commodity currency trends. Fluctuations in oil prices will translate into overall inflation judgments, further impacting gold's safe-haven and anti-inflation demand. #巨鲸动向 #加密市场观察 #ETH走势分析 #美SEC推动加密创新监管
