Market misunderstanding has strong in February, and many analysts are presaging that a Fed might make a U-turn on their rates travel decision. In a moody to safety, Gold has extended a convene while Bitcoin looks to be going to ground. This week’s book of Global Economic Outlook looks during a gold, bitcoin and US dollar charts.
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In This Week’s Calendar
Mon 8 February
Japan M2 Money Stock y/y (expected: 3.1% previous: 3.0%)
Tue 9 February
Japan 30-y Bond Auction
Wed 10 February
US Crude Oil Inventories (previous: 7.8M)
US Fed Chair Yellen Testifies
Thu 11 February
US Unemployment Claims (expected: 287K previous: 285K)
Fri 12 February
US Core Retail Sales m/m (expected: 0.0% previous: -0.1%)
Making The News
Gold has been in a long-term bear marketplace given 2011 when it struck