Gold news: On Wednesday (April 12) in early trading in the Asian market, the U.S. dollar index maintained its intraday decline and is currently around 102.10. Spot gold continued its upward trend after yesterday’s surge. Invest around $2015/oz. This trading day will usher in the U.S. March CPI data and the minutes of the Fed meeting. The market expects that the U.S. CPI year-on-year growth rate may drop to 5.2%, the lowest level in nearly two years, and the Fed’s March meeting deleted the wording that continuous interest rate hikes may be appropriate. The meeting minutes Likely to be dovish, these expectations are negative for the dollar and are expected to provide further upward momentum for gold prices. However, the Fed is likely to maintain high interest rates for a long time, New York Fed President Williams is still inclined to raise interest rates further, and the European Central Bank and the Bank of England still have pressure to raise interest rates further, which may increase the opportunity cost of holding gold , which may limit the upside of gold prices.
Gold operation ideas: Callbacks are mainly long, and rebounds are supplemented by shorting
Crude oil news: At the beginning of the Asian market on April 12 (Wednesday), U.S. crude oil traded around $81.51/barrel; oil prices were nearly 2% on Tuesday, as the market hoped that the Fed may relax after the key inflation report released by the U.S. this week Policy tightening, but concerns about demand still exist; and Russia's production cuts have taken effect, and seaborne crude oil exports have plunged. Overall, although there are still concerns about demand, as Russia’s production cuts have taken effect and geopolitical tensions continue, the market hopes that after the U.S. inflation data in the evening , the Federal Reserve will ease policy and tighten, and the oil price will take a bullish view; but we also need to pay attention to the evening EIA data , if it further shows that inventory increases, be wary of increased short-term fluctuations. During the day, focus will be on the U.S. March CPI annual rate not adjusted seasonally, EIA data, Fed officials' speeches; the minutes of the Fed meeting will be released at 2:00 on Thursday .
Crude oil operation ideas: the callback is mainly low and high, and the rebound is supplemented by high altitude
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