From Yahoo Finance: 2025-05-19 10:38:00

On Tuesday, the Reserve Bank of Australia is expected to cut interest rates from 4.10% to 3.85%, potentially leading to losses for the Aussie. Canadian inflation rate might decrease from 1.6% by 0.7%, causing short-term losses for the loonie. Japanese trade balance could decline from ¥544.1 billion to ¥227.1 billion in April.

Wednesday will see the UK inflation rate potentially rise from 2.6% to 3.3% in April, which could lead to minor gains for the British pound. On Thursday, oil prices remained steady as markets awaited Iran-U.S. nuclear talks. Chinese industrial production data was released at 6.1%, down from 7.7% but higher than the anticipated 5.5%.

Gold prices rose after Moody’s downgraded the U.S. credit rating, triggering a risk-off shift. Despite safe-haven demand, 45% of investors view gold as overvalued. Technical analysis shows gold rebounding at major support levels, with potential for a minor bullish run. Treasury rhetoric on tariffs supports gold for the time being.



Read more at Yahoo Finance: Price Review for the Week Ahead