Markets love round numbers! They act as important psychological markers and can prompt strong reactions in price action as well as grabbing the headlines. These levels can also act as decisive areas of resistance and support on a technical basis...

The countdown begins for the heavily anticipated U.S inflation that data that may impact the Fed's monetary policy path. Most Asian stocks struggled for direction on Wednesday, while European and US equity futures are both pointing to a mixed open in what feels like the calm before a potential storm!

Gold prices shed as much as 1% on Monday morning after closing above the psychological $2000 level last week. Prices later recovered thanks to a weaker dollar and heightened geopolitical tensions over Taiwan.

The incoming US inflation data as well as the earnings announcements by Wall Street banks may trigger fresh volatility for the S&P 500 in the week ahead.