Sport Gold Price: US inflation data in the afternoon

10:10  13 april  2021
10:10  13 april  2021 Source:   finanzen.net

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Today's Dealing Day is all about inflation. In the afternoon, market players learn how the inflation rate has developed in the US in March.

DANIEL ROLAND/AFP/Getty Images © Provil by Finanzen.net Daniel Roland / AFP / Getty Images

by Jörg Bernhard

It is at 2.30 pm to be announced and is likely to be well above the targeted by the US Federal Reserve of two percent P.A. According to a survey published by Trading Economics under analysts, a consensus is expected to be incurred by 1.7 to 2.5 percent P.A. Accelerated inflation. Further inflation data will be published on Thursday for Germany, France and Italy and on Friday for the Eurozone. Whether the growing inflation worries will help the gold price remain to be seen. In the past few weeks, the yellow precious metal responded mainly to the events at the "Zinsfront", where the returns US-American government bonds have increased significantly.

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On Tuesday morning, the Gold Prize presented itself with renowned quotations. Until 7.35 (Mesz), the most active futures traded on gold (June) at 6.50 to $ 1,726.20 per ounce.

crude: trade accounts from China uneven

In the early morning, China reported current figures for the trade balance in the month of March. In March, it was the exports by 30.6 percent P.A. and with imports by 38.1 percent P.A. uphill. Thus, the Chinese exports weaker and imports fell more than expected. With the oil imports, an increase of 21 percent P.A. had been reported. After US stock exchanges, the weekly report of the American Petroleum Institute (22.30 clock) should provide increased attention. Its tenor could then significantly influence the tendency for tomorrow's trading day.

On Tuesday morning, the oil price presented with higher quotations. Until 7.35 (CEST), the next WTI Future threw around € 0.14 to $ 59.84, while his counterpart at Brent took on 0.16 to $ 63.44.

editorial finance.net

Gold Prize: Highest US inflation For over eight years .
declining US yields and a weak dollar have helped the gold price yesterday to a striking recovery. © Provided by Finanzen.net Toru Yamanaka / AFP / Getty Images by Jörg Bernhard So slipped, for example, the dollar index, comparing the US currency compared to six other important currencies, has been at the lowest level for three weeks. With an inflation rate of 2.6 percent reported for March, the money relief was more than expected from analysts and thus achieved the highest value for over eight

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This is interesting!