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ATNirex: Market Research

ATNirex Market Research

Inflation in the US, measured by the consumer price index (CPI), rose in February to 3.2% in annual terms against 3.1% in January;

The Central Bank of China increased gold reserves in February for the 16th month in a row, purchasing 390 thousand ounces, which corresponds to purchases of 12 tons;

UBS analysts predict gold to rise to $2,250;

The US Department of Energy predicts an increase in US oil production by 260 thousand barrels per day in 2024 compared to an increase of 170 thousand barrels per day in the previous forecast;

According to the American Petroleum Institute, US oil reserves fell by 5.5 million barrels last week against an expected increase of 0.4 million barrels.

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