What Happened To Gold Overnight? And The Week Ahead In Markets

Head of Market Analysis Anthony Cheung discusses the spike lower in gold overnight and what to watch out for this week in markets.

- Explanation on why gold prices spiked lower overnight (00:00)
- Technical look at EURUSD and GBPUSD charts (4:44)
- WTI crude futures at a key level as demand concerns weigh (6:15)
- Latest Chinese trade and inflation data (9:02)
- Hawkish comments from ECB's Weidmann this weekend (10:24)
- Update on the US infrastructure bill (11:20)
- Main calendar events to watch this week with focus on US CPI (11:38)

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[anthonycheung]

Morning all - hope everyone had a good weekend and I hope the gold explanation makes sense. The move overnight looks worse than it really is if that makes sense!

[cobbyedu]

Good morning Anthony...thanks 😊 for the update

[reubenblamey]

Thanks Anthony! I noticed that you didn't have JOLTs job openings on your calendar, however it is a data release today scheduled on most economic calendars. I'm assuming it's not particularly important?

[linda-rivt]

Bitcoin and forex investment is the key just as started with Mrs. Martina Rodriguez, my portfolio has grown so high