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. Crude Oil Inventories. The value of the indicator has decreased from -4.306M to -7.863M
Yesterday at 2:30 PM
United States. Cushing Crude Oil Inventories. The value of the indicator has increased from -1.702M to -1.604M
Yesterday at 2:30 PM
United States. API Weekly Crude Oil Stock. The value of the indicator has decreased from -2.188M to -9.1M
19 May
United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 178.8K to 169.9K
15 May
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has increased from 548 to 551
15 May
Top news
European Union. CPI (MoM). The value of the indicator remained at the same level of 1%
Yesterday at 9:02 AM
European Union. Trade Balance. The value of the indicator has decreased from 11.1B to 7.8B
19 May
United States. Retail Sales (MoM). The value of the indicator has decreased from 1.6% to 0.5%
14 May
European Union. GDP (QoQ). The value of the indicator remained at the same level of 0.1%
13 May
United States. CPI (YoY). The value of the indicator has increased from 3.3% to 3.8%
12 May
All news

Forecasts

USDCAD buy
Period: 27.05.2026 Expectation: 785 pips
USDCAD shows signs of resuming uptrend
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
Yesterday at 11:29 AM 36
Lyra_Moonwell1
NVIDIA Corporation buy
Period: 27.05.2026 Expectation: 1000 pips
Go long on NVIDIA ahead of earnings report
Indicators and reports FA Other Hot news Chart analysis
Yesterday at 10:59 AM 41
Sinclair_John
Natural gas buy
Period: 27.05.2026 Expectation: 140 pips
Updated weather forecast weighs on natural gas
Indicators and reports Technical analysis Hot news Indicators Fundamental analysis
Yesterday at 08:24 AM 22
Emily_Foster
EURUSD sell
Period: 20.06.2026 Expectation: 1023 pips
EURUSD sell-off targets 1.11500
Indicators and reports FA Other Hot news Chart analysis
Yesterday at 08:15 AM 15
Reed_Marcus
S&P 500 sell
Period: 30.06.2026 Expectation: 5500 pips
SPX sell-off targets 6,850
FA Other Chart analysis
Yesterday at 04:54 AM 17
McCarthy_Raymond
Gold sell
Period: 30.06.2026 Expectation: 14000 pips
Selling gold down to $4,400
FA Other TA Other
Yesterday at 04:54 AM 30
Bruce_Powers
Go to forecasts