"Key Market Events: Gold Pressure, US Equities Rally, and Stocks to Watch"

1 min read
Source: DailyFX
"Key Market Events: Gold Pressure, US Equities Rally, and Stocks to Watch"
Photo: DailyFX
TL;DR Summary

US equities reach all-time highs driven by big tech stocks, while the US dollar remains strong amid pushback against overly bullish interest rate cut expectations. Gold faces pressure as it tests the $2,000/oz. level, and upcoming central bank events and Q4 earnings releases will be closely watched. The Pound and Euro are resilient to economic shocks, while gold's vulnerability is revealed by the dollar's strength and US yields. The US dollar's path is tied to upcoming US core PCE release and major FX pairs.

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