Weekly review: Gold, USD, EURUSD and Dow Jones

Precious metals, stocks and commodities ended on a positive note in the volatile session on Friday after a WSJ report said that some Fed officials are concerned about overtightening with large rate hikes.

In a recent speech, Federal Reserve Bank of San Francisco President Mary Daly said future interest rate increases could come in smaller increments to achieve the Fed’s target neutral rate. The Fed may lift its benchmark rate by 75 basis points in November; may slow aggressive rate hikes thereafter.

Moving ahead, a huge week for the markets, with three major central banks meeting, and a slew of important economic data releases. On the other hand, with the big tech firms reporting this week, investors will be hoping their earnings can help boost the markets.

On the earnings front, the companies scheduled to release their last quarter financial results this week will be Apple, Amazon, Ford, Microsoft, Alphabet and Pinterest.

Check out the detailed weekly analysis here - https://gulfbrokers.com/en/weekly-review-gold-usd-eurusd-and-dow-jones-52

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