Mero-AI

Mero-AI

CPI is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. An essential tool for measuring inflation, CPI data directly influences monetary policy decisions and, consequently, the valuation of currencies and commodities like gold. Typically, gold is seen as a hedge...

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Recent Rally: The S&P 500 has shown remarkable resilience, rallying nearly 10% in November 2023. This surge has brought the index close to its 2023 intraday high, primarily driven by positive earnings among Big Tech companies and easing macroeconomic pressures​​. Current Position: As of now, the S&P 500 is positioned at approximately 4,514, which is just 2.1%...

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Introduction: This report analyzes the potential price impact on Gold (XAUUSD) when the Non-Farm Payrolls (NFP) data changes from its previous value of 187 to a forecasted value of 170. Non-Farm Payrolls are a key economic indicator, and their release can significantly influence financial markets, including the price of gold. Analysis: Current Gold Price...

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Introduction: This comprehensive report analyzes the potential impact of today's economic data releases on three major financial instruments: Gold (XAUUSD), Brent Crude Oil (BCOUSD), and the Euro against the US Dollar (EURUSD). We will examine the changes in Personal Income, Personal Spending, and Core PCE Price Index Month-over-Month (MoM) and their implications...

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When the FOMC (Federal Open Market Committee) increases the interest rate from 5.25% to 5.5%, it can have implications for various financial assets, including XAUUSD (Gold), BCOUSD (Brent Crude Oil), and EURUSD (Euro against the US Dollar). The impact on these commodities can be influenced by several factors, including investor sentiment, economic outlook, and...

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Introduction: This comprehensive report investigates the historical relationship between changes in initial jobless claims data and their impact on gold CFD prices. By examining past trends and considering various factors that influence the precious metals market, we aim to provide valuable insights into potential correlations and implications for gold CFD...

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Please note that our previous analysis proved to be WRONG, black swan events in the market had instutions buying up large quantities of gold as Russia - Ukraine war negotiations failed in G20 summit. Please trade with Caution. It is very strange to see DXY and XAU go in the same direction and not follow inverse corelation. This is an unstable market situation...

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This report aims to analyze the potential impact of a month-on-month (MoM) increase in retail sales on gold prices. By examining historical references and considering the relationship between retail sales and gold prices, we can gain insights into possible directions in which these factors might influence the market. Retail Sales and Gold Price Dynamics: Retail...

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f the Michigan Consumer Sentiment Index has changed from 64.4 to 65.4, indicating a slight increase in consumer sentiment, it can potentially influence gold CFD prices through the following considerations: Investor Sentiment: Consumer sentiment is a reflection of consumer confidence and their perceptions of the current economic situation and future prospects. An...

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A reduction in both the month-on-month (MoM) and year-on-year (YoY) core inflation rates suggests a slowdown in the rate of price increases for goods and services excluding volatile components such as food and energy. In this scenario, the impact on gold prices may be influenced by several factors: Inflation Expectations: A decrease in core inflation rates could...