Short-term gold prices are in a clear range-bound oscillation (at the box). Crude oil prices started to fall as the market rumoured that Saudi Arabia would make up for the shortage of crude oil due to sanctions against Russia.
1. Inflation will certainly ease after crude oil prices start to fall (commodities have fallen to varying degrees in the last two days)
2. Will the fall in inflation ease market expectations for future Fed rate hikes?
3. Assuming that the Saudi Arabia production increase is valid, that is, the inflation problem is improved through the supply side, not the Fed's substantial rate hike to kill demand.
1. Inflation will certainly ease after crude oil prices start to fall (commodities have fallen to varying degrees in the last two days)
2. Will the fall in inflation ease market expectations for future Fed rate hikes?
3. Assuming that the Saudi Arabia production increase is valid, that is, the inflation problem is improved through the supply side, not the Fed's substantial rate hike to kill demand.