Financial Trading
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Friday’s Nonfarm Payrolls report has increased the potential for a Fed rate hike in May. The clincher will likely come from US CPI inflation on Wednesday.
With US bond yields in decline and the USD turning corrective, the foundations for recovery in precious metals have been laid. The longer these moves continue, the more support precious metals will develop.
The actions of both the UK Government and the Bank fo England are reverberating through UK assets such as Gilts and GBP. We look at the impact.
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