Precious metals, major indices and commodities started the new week on a nervous note as the US rate hike worries still weighing on the markets. Overall, global markets continue to face uncertainty over the direction of inflation and interest rates, which are likely to lead the volatility in the near term.
Moving ahead, the markets have a lot of economic data to digest this week and the main highlights of the economic calendar will be the US durable goods orders data, ECB minutes and the latest PMI numbers from US, Eurozone and UK.
On the earnings front, the companies scheduled to release their last quarter financial results this week will be Zoom, Salesforce, Snowflake, Nio, Costco and Target.
Check out the detailed weekly market analysis here▶️ https://gulfbrokers.com/en/weekly-review-gold-usd-eurusd-and-dow-jones-69