FED member Richard Clarida is of the opinion that in December the central bank should consider accelerating the pace of the tapering process. At the same time, it speaks of high inflationary risk and improving labor market data. The dollar clearly appreciates after these words. Gold in retreat!
Gold retreats below $ 1,850. The price is currently testing the 23.6 retracement of the last upward impulse. Source: xStation5
Morning wrap🚩 Wall Street resists oil pressure amid rising Middle East tensions (09.07.2026)
Daily Summary - Escalation in the Middle East. FOMC fears inflation
Trump in Ankara does not signal total escalation. Oil limits gains, and Nasdaq parries losses
BREAKING: US oil inventories rise, but Brent crude is already testing nearly 80 USD