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Zhongbo Data (00471.HK): Trading in the Company’s shares has been temporarily suspended on the Hong Kong Stock Exchange from 1:48 p.m. on Wednesday, April 22, 2026, pending the publication of an announcement that constitutes inside information of the Company.Polish minister: The United States may postpone some missile deliveries.On April 22nd, it was reported that the UKs overall inflation rate rose in March, driven by increased energy prices. Monthly data showed an overall inflation rate increase of 0.7%, with transport prices being the main driver. Notably, transport prices rose 4.7% year-on-year, the largest annual increase since December 2022. Furthermore, fuel oil saw the largest increase, averaging 140.2 pence per liter in March, the highest level since August 2024. Meanwhile, diesel prices also rose sharply, averaging 158.7 pence per liter in March, the highest level since November 2023. Overall, motor fuel inflation reached 4.9% last month, the highest level since January 2023. Looking at core prices, the impact of the Middle East conflict will be more pronounced in the coming months. However, no such evidence has been found for March. Core annual inflation fell slightly to 3.1% in March, but inflation in the services sector remained a very stubborn area, rising to 4.5% from 4.3%.The yield on 40-year Japanese government bonds rose to 3.785%.April 22 – According to data released on Wednesday, the UKs annual CPI inflation rate rose to 3.3% in March from 3.0% in February, indicating that the Middle East wars have had an initial impact on prices. Prior to the US-Israeli action against Iran, the Bank of England stated that the UKs inflation rate was likely to approach its 2% target level in April. However, the Bank of England significantly raised its inflation forecast last month due to the energy price shock, predicting that the inflation rate would rise to around 3.5% by mid-2026. The International Monetary Fund predicted last week that the UKs inflation rate would peak at 4% in the coming months. However, most Bank of England interest rate makers stated that it is too early to judge the impact of the overall inflation rate rise on potential price pressures in the economy, as the current weak labor market may make it more difficult for workers to demand higher wages or for businesses to pass on higher costs to consumers.

Gold price prediction: XAU/USD slips to $1,690 on Fed forecasts; US retail sales expected

Daniel Rogers

Sep 15, 2022 11:37

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Gold price (XAU/USD) has adopted a downward trend after falling below Wednesday's minimum of $1,693.67. The precious metal is falling nearing $1,690.00 as bears take control of rising probabilities for a massive Federal Reserve (Fed) rate hike in the near future.

 

Earlier symptoms of weariness have dissipated as a result of Tuesday's higher-than-anticipated US Consumer Price Index (CPI) report. Despite declining gasoline costs, the headline US CPI was announced at 8.3%, which was higher than the 8.2% prediction. The investment community believed that inflation had begun to respond to the Federal Reserve's (Fed) raising interest rates and that a succession of declining price pressures would soon enable the Fed to adopt a 'neutral' stance.

 

However, a US inflation report that exceeded forecasts demonstrates that the road to a neutral monetary policy is far from complete. Moreover, predictions of a one percent rate increase are currently ascendant.

 

In today's session, the US Retail Sales report will be of paramount importance. The economic data estimates do not indicate any improvement in retail demand. This could be the outcome of a fall in consumer confidence in the economy.

 

The gold price has experienced a precipitous decline after demonstrating a textbook-style test and the collapse of a consolidation pattern. On an hourly scale, the consolidation formed within the region of $1,697.12-1,709.62. At $1,698.70, the yellow metal is trading below the 20-period Exponential Moving Average (EMA), which increases the downside filters.

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