Gold is quoted in US dollars, so the core factors are the strength of the dollar, global central bank policies, and inflation expectations. On December 17, several key indicators in the data schedule will influence the market from different angles.
First, look at the November CPI data for the UK and Eurozone. This is a direct signal of inflation. If the data exceeds expectations, the market will believe that the Bank of England and the European Central Bank will not cut interest rates in the short term, potentially strengthening the euro and pound, which will suppress the dollar and be positive for gold. Conversely, if CPI data is weak, the dollar may rebound, putting pressure on gold.
Next, consider the Federal Reserve. Speeches by Waller and Williams are very important—how these two officials express their views will directly influence market expectations of the Fed's future policies. Hawkish comments will push up the dollar and US Treasury yields, reducing gold's attractiveness; on the other hand, dovish signals will boost gold.
Another easily overlooked factor is the US EIA crude oil inventory data. Fluctuations in oil prices will impact overall inflation expectations, thereby influencing the direction of the dollar and gold. There is a linkage effect among commodities, so don’t underestimate it.
In simple terms, it’s about watching central bank attitudes, inflation trends, and commodity liquidity—these three dimensions combined will determine how gold moves.
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#加密生态动态追踪 How will these financial data on December 17 affect gold trends?$BTC $ETH $SOL
Gold is quoted in US dollars, so the core factors are the strength of the dollar, global central bank policies, and inflation expectations. On December 17, several key indicators in the data schedule will influence the market from different angles.
First, look at the November CPI data for the UK and Eurozone. This is a direct signal of inflation. If the data exceeds expectations, the market will believe that the Bank of England and the European Central Bank will not cut interest rates in the short term, potentially strengthening the euro and pound, which will suppress the dollar and be positive for gold. Conversely, if CPI data is weak, the dollar may rebound, putting pressure on gold.
Next, consider the Federal Reserve. Speeches by Waller and Williams are very important—how these two officials express their views will directly influence market expectations of the Fed's future policies. Hawkish comments will push up the dollar and US Treasury yields, reducing gold's attractiveness; on the other hand, dovish signals will boost gold.
Another easily overlooked factor is the US EIA crude oil inventory data. Fluctuations in oil prices will impact overall inflation expectations, thereby influencing the direction of the dollar and gold. There is a linkage effect among commodities, so don’t underestimate it.
In simple terms, it’s about watching central bank attitudes, inflation trends, and commodity liquidity—these three dimensions combined will determine how gold moves.