Gold Makes Upbeat November Start after a Massive Losing Streak
The precious metal has started November in a good mood, trying to stop its seven-months losing streak, but awaits today’s Fed decision for the next leg of the move
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The precious metal has started November in a good mood, trying to stop its seven-months losing streak, but awaits today’s Fed decision for the next leg of the move
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The Australian central bank opted again for a miniscule rate hike, despite recent inflation surge and higher 2022 projection
The social media giant registered a slide in both its top and bottom lines during the third quarter, while the segment responsible for delivering the Metaverse posted another loss
The pair extends this week’s gains and probes parity, as markets gear up for Thursday’s rate decision by the European Central Bank and US GDP and PCE Inflation updates
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Australian CPI Inflation climbed to the highest levels since 1990 in the third quarter of the year (y/y), helping AUD/USD extend Tuesday’s advance
The tech-heavy index remains upbeat after last week’s surge, as investors prepare for earnings releases, frpm tech mega-caps, such as Alphabet, Microsoft, Meta Platforms, Amazon and Apple
Oil prices are subdued at the start of this week, unable to get a lift from Monday’s strong Q3 GDP from the world’s second largest consumer
The earnings season picked up this week of October 17-21, with Tesla, Netflix and Snap standing out, ahead of more Tech heavyweights next week
The leader of the Electric Vehicle (EV) market announced overall strong financial results for the third quarter of the year, after the US markets closed on Wednesday
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