What Markets Need to Hear from Kevin Warsh at Jackson Hole
Markets want Warsh to clarify how firmly the Fed will fight inflation, how much weight it gives higher bond yields, and what would trigger another rate hike.
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Markets want Warsh to clarify how firmly the Fed will fight inflation, how much weight it gives higher bond yields, and what would trigger another rate hike.
The debasement trade is a bet that governments will manage high debt through easier money and weaker currencies, driving investors towards gold, bitcoin and other stores of value.
UKOil remains technically bullish, but its next major move hinges on Hormuz disruption and tougher US sanctions on Iran.
Gold’s breakout has gathered momentum as falling long-term yields and a softer dollar give bulls a powerful fundamental tailwind.
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Oil, yields and the dollar are increasingly setting the direction for gold and Japanese equities.
Cooling inflation, softer yields and a weaker dollar are steadily improving gold's macro backdrop.
Oil, the dollar, gold and equities are approaching key levels as rates and geopolitics shape the next cross-asset move.
The Australian central bank kept rates at 4.35% and lowered its inflation forecasts, weighing on the pair, but does not see inflation returning to the target range this year and kept the door open to more hikes.
Weak jobs are lifting markets because lower rate risk still outweighs recession fears.
Middle East hopes and structural demand drivers are fuelling an XAG/USD recovery, but technical and macro risks linger.
Gold’s improving momentum and strong long-term support suggest the recent sell-off may offer an attractive entry point.
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