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. Total Vehicle Sales. The value of the indicator has decreased from 16M to 14.9M
4 February
United States. All Car Sales. The value of the indicator has decreased from 2.67M to 2.6M
4 February
United States. Crude Oil Inventories. The value of the indicator has decreased from -2.295M to -3.455M
4 February
United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from -0.278M to -0.743M
4 February
United States. API Weekly Crude Oil Stock. The value of the indicator has decreased from -0.247M to -11.1M
3 February
Top news
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
Yesterday at 1:15 PM
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
Yesterday at 1:15 PM
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
Yesterday at 12:01 PM
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.1% to -0.5%
Yesterday at 10:00 AM
European Union. CPI (MoM). The value of the indicator has decreased from 0.2% to -0.5%
4 February
All news

Forecasts

GBPUSD sell
Period: 13.02.2026 Expectation: 1500 pips
GBPUSD temporarily recovers following BoE rate decision
Technical analysis FA Other TA Other Indicators Fundamental analysis
Today at 10:57 AM 5
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
ETHUSD buy
Period: 31.07.2026 Expectation: 1000 pips
Buying ETHUSD on major dip
TA Other
Today at 09:54 AM 6
Bruce_Powers
Silver buy
Period: 31.05.2026 Expectation: 30000 pips
Investing in silver for medium term
FA Other Chart analysis
Today at 09:53 AM 9
McCarthy_Raymond
Brent sell
Period: 13.02.2026 Expectation: 210 pips
Brent crude stabilizes as geopolitical premium fades away
Technical analysis FA Other Hot news Indicators Fundamental analysis
Today at 07:29 AM 12
Emily_Foster
ETHUSD sell
Period: 12.02.2026 Expectation: 25000 pips
Selling ETHUSD when it bounces up to $2,250 resistance
Technical analysis FA Other TA Other Indicators Fundamental analysis
Yesterday at 10:34 AM 23
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
S&P 500 buy
Period: 31.03.2026 Expectation: 220 pips
Buy SPX starting from $6,820
FA Other Chart analysis
Yesterday at 10:25 AM 27
McCarthy_Raymond
Go to forecasts