Global stocks and precious metals finishes last week on a positive note after the latest US inflation report surprised the markets with a lower-than-expected reading of 8.5%, slower than 9.1% in June which indicates that US inflation may have passed its peak.
As we are heading to a new week the traders and investors are likely to monitor the minutes from the July Federal Open Market Committee policy meeting and the latest US retail sales data, both events scheduled to be released on Wednesday.
On the earnings front, the companies scheduled to release their last quarter financial results this week will be Walmart, Cisco, Target and Home Depot.
Check out the detailed weekly analysis here - https://gulfbrokers.com/en/weekly-review-gold-usd-eurusd-and-dow-jones-43