World Market News of the 20 February with FXOpen #goldprice #sp500futures #usinflation

Gold at $3,000 and Oil at $100 by 2025? Gold prices could soar to $3,000 per ounce, and oil to $100 per barrel within the next 12 to 18 months subject to any one of three possible catalysts, according to Citi. Gold, which is currently trading at $2,016, could surge by about 50%, if central banks sharply ramp up purchases of the yellow metal, a possible stagflation, or in case of a deep global recession, Aakash Doshi, Citi’s North America head of commodities research, said. Source: CNBC S&P 500 Futures Dip As Investors Look To Holiday-shortened Trading Week S&P 500 futures inched lower early Tuesday as the market comes off its first losing week in more than a month. Futures tied to the S&P 500 slid %, while Nasdaq 100 futures dipped . Futures tied to the Dow Jones Industrial Average lost 121 points, or %. The moves follow a losing week on Wall Street after economic data raised concerns that the Federal Reserve may not begin cut