interest rate
Crude prices saw some losses this week amid concerns over weak Chinese economic data
China's net gold imports through Hong Kong fell 84 percent in December, dropping to their lowest since April 2022
The market is pricing in the possibility that the U.S. central bank will lower borrowing costs twice by the end of this year
The U.S. dollar index gained 0.28 percent to 107.74, making bullion less attractive for other currency holders
Markets are pricing in one more 25-basis-point interest rate hike for Japan by the end of this year
The dollar lost over 1 percent this week, recording its worst weekly fall in two months
Oil prices fall 0.6 percent to $77.82 as Trump pushes for lower crude prices, higher U.S. production
West Texas Intermediate crude futures dropped 0.6 percent to $74.21 per barrel
Investors will look forward to Trump's speech at the World Economic Forum for more concrete announcements on tariffs
The Fed will meet next week and is expected to hold its benchmark rate steady at the meeting
The dollar weakened to a nine-day low of 107.95 during the inauguration speech, before recovering above the 108.00 level
The Federal Reserve will likely hold interest rates steady on January 29
