WINPRO

#OPINIONLEADER# Spot gold accelerated lower on Monday, losing more than 1.5% and probed below $1900 mark for the first time in more than three weeks. Robust US dollar, which holds near the two-year high against the basket of major currencies, driven by strong safe-haven demand and sig

#OPINIONLEADER# Speculations on aggressive Fed tightening intensified sharply last week after a chorus of hawkish comments from policy markets. Markets are indeed pricing in near 70% chance of federal funds rate at 1.50-1.75% by the end of first half, i.e., 125bps above current level.