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PropMarketCapFRESHCurrencies, commodities and indices

Three-day decline interrupted: gold price rebounded above $4,150 on a weak dollar

XAU/USD rose to $4,165 at the start of the Asian session on Friday, October 16, ending a three-day losing streak. The trigger was a weaker dollar and a sharp drop in US Treasury yields

PropMarketCapFRESHMacroeconomics and central banks

Busy day: EU CPI at 12:00, US industrial production at 16:15 MSK

On October 16, the calendar has four reasons for movement at once: inflation in the European Union, US industrial statistics, the fifth day of the annual IMF and World Bank meeting with central bank heads participating, and a morning speech by Fed Chair Warsh.

PropMarketCapFRESHMacroeconomics and central banks

Dollar slumped: Warsh gave no hints on the Fed rate, DXY at a 10-day low

Fed Chair Kevin Warsh spoke at 06:30 MSK at the IMF annual meeting in Bangkok and refused to give any hints on the rate. The dollar index DXY (the dollar's exchange rate against a basket of six currencies) moved to 101.82, down 0.22% and a 10-day low.