Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
26 January 2023 | Other

Metals are traded in narrow price range ahead of Fed’s meeting

Brent
WTI Light Crude Oil

The price of metals still remains the same. That stability, in its turn, is related to the upcoming release of official statistics and the meeting of the Federal Reserve System (FRS) in the United States.

Global investors are awaiting the U.S. Federal Reserve's meetings on January 31 and February 1. According to CME Group, almost 98% of the surveyed analysts expect the regulator's discount rate to rise just 25 basis points to 4.5-4.75%.

In addition, the U.S. GDP data will be released today. The fresh statistics is likely to show 2.6% year-on-year growth in the fourth quarter of last year.

Company MarketCheese

Recommended

United States. Cushing Crude Oil Inventories. The value of the indicator has increased from -1.095M to 0.881M
25 February
United States. Crude Oil Inventories. The value of the indicator has increased from -9.014M to 15.989M
25 February
United States. API Weekly Crude Oil Stock. The value of the indicator has increased from -0.609M to 11.4M
24 February
United States. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 117.8K to 141.3K
20 February
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator remained at the same level of 551
20 February
Top news
European Union. CPI (MoM). The value of the indicator has decreased from -0.5% to -0.6%
25 February
United States. PCE price index (YoY). The value of the indicator has increased from 2.8% to 2.9%
20 February
United States. GDP (QoQ). The value of the indicator has decreased from 4.4% to 1.4%
20 February
United States. Core PCE Price Index (YoY). The value of the indicator has increased from 2.8% to 3%
20 February
European Union. Manufacturing PMI. The value of the indicator has increased from 49.5 to 50.8
20 February
All news

Forecasts

USDCAD buy
Period: 31.03.2026 Expectation: 2100 pips
Investing in USDCAD with 1.38800 in sight
FA Other Indicators and reports Hot news
Today at 10:24 AM 12
Reed_Marcus
Gold buy
Period: 06.03.2026 Expectation: 1200 pips
Accumulate gold up to $5,200 per ounce
TA Other FA Other
Today at 07:58 AM 20
McCarthy_Raymond
Brent sell
Period: 31.03.2026 Expectation: 150 pips
Selling Brent crude from $72.0
Wave analysis FA Other
Today at 07:58 AM 12
Bruce_Powers
USDJPY buy
Period: 31.08.2026 Expectation: 8000 pips
Buying USDJPY on stubborn US inflation
FA Other Chart analysis
Today at 04:30 AM 17
McCarthy_Raymond
NVIDIA Corporation buy
Period: 31.08.2026 Expectation: 700 pips
Building medium-term buy position in NVIDIA
FA Other Chart analysis
Today at 04:29 AM 10
Bruce_Powers
BTCUSD buy
Period: 09.03.2026 Expectation: 13000 pips
Investing in BTCUSD with $81,500 in view
TA Other Indicators Chart analysis
Yesterday at 11:30 AM 34
Reed_Marcus
Go to forecasts