CWG Market Insight: USD Consolidates After US PPI Data, Gold Pulls Back Toward 4,330; Market Awaits Further Inflation Signals
At the 09:19 Beijing cutoff, spot-gold bid was 4,332.90 and delayed DXY was 99.92. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1534, 1.3491, 0.7060, 159.44. Source timestamps differ; this is not a sy
Market overview
At the 09:19 Beijing cutoff, spot-gold bid was 4,332.90 and delayed DXY was 99.92. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1534, 1.3491, 0.7060, 159.44. Source timestamps differ; this is not a synchronized snapshot.
Key takeaway
July U.S. PPI is confirmed: final demand was unchanged m/m and rose 4.7% y/y; the measure excluding foods, energy and trade services rose 0.4% m/m and 4.7% y/y. Gold was near the lower end of a wide verified day range; any directional break needs live confirmation.
Core market data
| Asset | Latest | Change | Interpretation |
|---|---|---|---|
| XAU/USD | 4,332.90 | -17.40 (-0.40%) | spot gold bid; support 4,330.90 / 4,300.00; resistance 4,350.30 / 4,449.90.
[S1] 2026-08-14 08:51 Beijing Time (Aug 13 20:51 NY Time) · verified
|
| DXY | 99.92 | -0.04 (-0.04%) | delayed U.S. Dollar Index cash-index reference; support 99.92 / 99.75; resistance 99.93 / 100.00.
[S2] 2026-08-14 07:45 Beijing Time (Aug 13 19:45 EDT) · verified
|
| EUR/USD | 1.1534 | +0.0005 (+0.04%) | spot FX reference quote; support 1.1526 / 1.1500; resistance 1.1537 / 1.1550.
[S3] 2026-08-14 08:01 Beijing Time (Aug 13 20:01 EDT) · verified
|
| GBP/USD | 1.3491 | +0.0006 (+0.04%) | spot FX reference quote; support 1.3481 / 1.3460; resistance 1.3494 / 1.3520.
[S4] 2026-08-14 08:04 Beijing Time (Aug 13 20:04 EDT) · verified
|
| AUD/USD | 0.7060 | +0.0001 (+0.01%) | spot FX reference quote; support 0.7053 / 0.7035; resistance 0.7068 / 0.7085.
[S5] 2026-08-14 09:19 Beijing Time (Aug 13 21:19 EDT) · verified
|
| USD/JPY | 159.44 | -0.06 (-0.04%) | spot FX reference quote; support 159.43 / 159.00; resistance 159.56 / 160.00.
[S6] 2026-08-14 07:59 Beijing Time (Aug 13 19:59 EDT) · verified
|
Market review
July U.S. PPI was Final demand unchanged m/m and +4.7% y/y; less foods, energy and trade +0.4% m/m and +4.7% y/y. Latest official H.15 closes: 2Y 4.20%, 10Y 4.68%, 30Y 5.24%.
1 Producer inflation confirmed
July U.S. PPI was Final demand unchanged m/m and +4.7% y/y; less foods, energy and trade +0.4% m/m and +4.7% y/y. No unverified forecast is added.
2 Non-synchronous quotes
DXY is delayed, gold is a spot bid and FX values are separate page references; timestamps must be read independently.
Market dynamics
1 Gold range
Gold bid is 4,332.90 within the verified 4,330.90-4,449.90 day range.
2 Treasury curve
Latest official closes are 2Y 4.20%, 10Y 4.68% and 30Y 5.24%.
3 Next official schedule
The next confirmed U.S. release is import and export prices on August 18 at 20:30 Beijing Time; no actual value is available yet.
Economic calendar - confirmed times only
| Beijing time | Region | Confirmed event | Status |
|---|---|---|---|
| 08-18 20:30 | US | U.S. import and export prices - July | Time verified; not released at cutoff |
| 08-21 22:00 | US | U.S. state employment and unemployment - July | Time verified; not released at cutoff |
| 09-01 22:00 | US | U.S. JOLTS - July | Time verified; not released at cutoff |
Cross-asset verified comparison
Technical levels
Levels use only the latest verified references. Recheck live prices and spreads before acting.
| Asset | Reference | Resistance | Support | Invalidation |
|---|---|---|---|---|
| DXY | 99.92 | 99.93 / 100.00 | 99.92 / 99.75 | Below 99.75 |
| EUR/USD | 1.1534 | 1.1537 / 1.1550 | 1.1526 / 1.1500 | Below 1.1500 |
| GBP/USD | 1.3491 | 1.3494 / 1.3520 | 1.3481 / 1.3460 | Below 1.3460 |
| USD/JPY | 159.44 | 159.56 / 160.00 | 159.43 / 159.00 | Below 159.00 |
| AUD/USD | 0.7060 | 0.7068 / 0.7085 | 0.7053 / 0.7035 | Below 0.7035 |
| XAU/USD | 4,332.90 | 4,350.30 / 4,449.90 | 4,330.90 / 4,300.00 | Below 4,300.00 |
Released data
| U.S. PPI - July | Final demand unchanged m/m and +4.7% y/y; less foods, energy and trade +0.4% m/m and +4.7% y/y | [S9] |
| U.S. CPI - July | Headline +0.1% m/m, +3.4% y/y; core +0.2% m/m, +2.5% y/y | [S10] |
| U.S. real earnings - July | Real hourly earnings -0.1% m/m and -0.2% y/y; real weekly earnings unchanged m/m | [S11] |
| U.S. Employment Situation - July | Payrolls -23,000; unemployment 4.1%; hourly earnings +3.2% y/y | [S12] |
Conditional scenarios
| Trigger | Confirmation | Invalidation | Path |
|---|---|---|---|
| DXY above 100.00 | Gold below 4,330.90 and EUR/USD below 1.1500 | DXY below 99.75 | A firmer dollar may pressure gold and non-dollar currencies. |
| DXY below 99.75 | Gold above 4,350.30 and EUR/USD above 1.1537 | DXY back above 100.00 | A softer dollar may allow gold and non-dollar currencies to recover. |
Not a trading instruction. Confirm all triggers with live platform data.
Hot markets: charts and key ranges
Four panels cover XAU/USD, EUR/USD, GBP/USD, AUD/USD and position each reference within its verified day range; they do not depict an intraday path.
