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Week 41 data: oil and gold
This weekly data preview focuses on USOIL and XAUUSD, with upcoming economic data being the primary drivers for the short-term market outlook. Here are the key economic events for the week: The German inflation rate will be released on Wednesday at 06:00 AM GMT. Market consensus for September indicates an expected decline to approximately 1.6%, down from the previous 4.5%. The US Producers Price Index (PPI) is scheduled for release on Wednesday at 12:30 PM GMT. Market participants anticipate a reading of 0.3%, a decrease from the previous 0.7%. Such a result could signal lower inflation figures in the coming months. ... (full story)