5-year and 10-year US breakeven inflation rates have just staged a major bullish breakout from a two-year plus of basing formation.
Trade War 2.0 involves the US and other major trading partners that may disrupt international trade and dampen global economic growth.
The resurgence of stagflation risk has triggered bullish movements on Gold (XAU/USD).
Watch the US$2,716 key medium-term support on Gold (XAU/USD).
05-02-2025 04:59 GMT
by Kelvin Wong