US October CPI May Bolster Rate Hike Expectations, Gold at $4,000 Under Pressure
TechFlow reports that on November 7, according to Jinshi Data, the US October CPI is set to be released. The article indicates this data may validate expectations for a December rate hike by the Federal Reserve, placing renewed pressure on the $4,000 gold defense line.The article also notes that turbulence in AI trading could become a wildcard in the markets. With US-Russia-Ukraine negotiations resuming after several months, whether the US stock market has already reached its annual peak remains to be seen.
TechFlow reports that on November 7, according to Jinshi Data, the US October CPI is set to be released. The article indicates this data may validate expectations for a December rate hike by the Federal Reserve, placing renewed pressure on the $4,000 gold defense line.
The article also notes that turbulence in AI trading could become a wildcard in the markets. With US-Russia-Ukraine negotiations resuming after several months, whether the US stock market has already reached its annual peak remains to be seen.
