Economic and inflation signals for stock markets and gold prices: What can we expect in the USA this week?

Economic and inflation signals for stock markets and gold prices: What can we expect in the USA this week?

According to a report by www.goldreporter.de,

Important data from the US is expected this week, which could have an impact on the stock markets and the price of gold. The price of gold was trading at $2,021 per ounce on Monday morning, which corresponds to price stability. Gold futures positions in the American banking sector suggest profit-taking. The stock markets recently reached new all-time highs or were close to them, while interest rate expectations are the focus of interest.

First, the inflation rates for January from the USA will be published on Tuesday. Annual inflation is expected to fall from 3.4 percent in December. Economic growth in the euro zone in the fourth quarter will be published on Wednesday. Further data from the USA on retail sales, industrial production, import/export prices and regional economic reports will follow on Thursday. At the end of the week there will be the publication of US building permits in January, as well as US producer prices and consumer confidence from the University of Michigan.

So far, the system has been that when economic data worsens, the stock markets rise and, as a rule, the price of gold also. Because that gives the Fed leeway to cut interest rates. However, if the US economy improves again and inflation rises, this could dampen expectations for a more expansionary monetary policy. Therefore, investors will closely monitor the release of US economic data to assess the possible impact on the market and the financial sector.