Pay attention to central bank data this week
From September 14th to 19th, investors need to pay attention to the interest rate decisions of the Federal Reserve, the Bank of Japan, and the Bank of England, the minutes of the Reserve Bank of Australia’s September monetary policy meeting, and OPEC and IEA monthly crude oil market reports. The data to pay attention to include the number of initial jobless claims in the United States, China’s August and January-August industrial added value above designated size, and changes in API and EIA crude oil inventories in the United States for the week ending September 11. In terms of major events, we need to pay attention to the vote of the Japanese Liberal Democratic Party on the candidate for the party leader, the Brexit negotiations between the United Kingdom and the European Union, and the OPEC+ Ministerial Supervisory Committee.
Technical Analysis: Gold
After the price turned down from the high point of 1966 last week, it has been trading horizontally in the 1940 round. The price has risen from the middle of the Bollinger Band at the end of the week and then lowered, and closed below the middle of last week. After the market opened this Monday, the market price was relatively strong, and it is currently in the position of 1945.07, which is in an upward trend.
The central bank has a lot of information this week, which needs to be focused on.
Important information in the day: None
Z.com Bullion Analyst: Tony LIu