Gold prices held steady on Monday and the dollar traded higher, as risk-off sentiment prevailed on renewed concerns over the health of regional U.S. banks and fears over the prospect of a historic U.S. default.
Treasury yields fell after the U.S. Federal Reserve Chair Jerome Powell made comments Friday to indicate the Fed may leave interest rates steady at its next meeting in June.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.