Moody's economist Camille Corvar said in a report that the core inflation of the euro zone may slow down in the next few months, but it is not enough to make the European Central Bank suspended rate hikes.Although the overall inflation rate declined in March, the core inflation rate rose slightly from 5.6%in February to 5.7%.
However, Kovar pointed out that data shows that the higher inflation of core inflation in January and February is one -time.He said: "We predict that the core inflation rate in April or May will appear for a long time since it has declined for a long time." He added that although the recent banking industry has become turbulent, this is not enough to prevent the European Central Bank from taking action.
London Gold closed down on Friday (March 31), because it was mainly suppressed by the rise of the US dollar.At the end of the U.S. city, London received $ 1969.00/ounce, down 0.57%, a maximum of $ 1987.29/ounce in the day, and the minimum reached 1966.68 US dollars/ounce.
London Gold closed down on Friday (March 31), because it was mainly suppressed by the rise of the US dollar.At the end of the U.S. city, London received $ 1969.00/ounce, down 0.57%, a maximum of $ 1987.29/ounce in the day, and the minimum reached 1966.68 US dollars/ounce.
According to data from the US Commodity Futures Trading Commission (CFTC), as of March 31, the gold ETF holdings were 928.02 tons, an increase or decrease of -1.45 tons from the previous trading day.
Gold ETF latest positioning data:
| net holding volume (ounce) | net holding volume (ton) | Total value (USD) | 2023-3-31 | 29836775.74 | 928.02 | 559048716551.79 | 2023-3-30 | 29883249.88 | 929.47 | 58725992358.00 |
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(Note: Gold ETF's position increased, indicating that the increase in buying the market, the emotional heating up in the market, the littering gold; the decrease in the gold ETF position, indicating that the sales of the market increased, the market's decline in gold heating up the gold, and the golden gold.)
[Analysis of gold market yesterday]
The market fell first after the Golden Market opened at the position of 1979.2 at the beginning of the week. The minimum of the week was rising to the lowest line of 1943.8.After the position, the market is closed with a long hammer head shape. After this form is closed, the market is still more than this week. The goal is to see 1966 and 1972, and the break is 1980 and 1987.
