Trump Takes First Steps Towards Implementing Reciprocal Tariffs

Summary Stalling progress on the inflation fight should be evident in the November Consumer Price Index. We expect headline CPI to advance 0.25% over the month and 2.7% over the past year. The core index should similarly rise around 0.25%, which would keep the 12-month change stuck in the narrow range of 3.2%-3.3% for a […]

Gold enters a new bull run; shifts spotlight to all-time high Technical signals point to more upside; close above 2,650 needed Gold started a new bullish corrective phase near the 2,600 level last week, adding extra credence to its upward trend that has been active for more than two months. On Monday, the price climbed […]

Will Fed officials be the first to cut rates or will the ECB beat them to it? Falling inflation everywhere means a bearish US dollar is not a given Yen stands to gain from rate cuts as BoJ may hike Is sterling set for another bumpy year? Aussie and kiwi pin hopes on China recovery, […]