# Metals Update: Asia Demand, U.S. Growth and U.S. CPI/PPI Leads to Reflation

> A CME Group metals update says gold will remain driven by the dollar and expectations of higher US interest rates, citing Asia demand, US growth and CPI/PPI data. The text is brief and cut short.

- Date: 2018-03-15 · published 2018-03-15T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/65907-metals-update-asia-demand-u-s-growth-and-u-s-cpi-ppi-leads-to-reflation
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher US rate expectations and a firm dollar weigh on dollar-priced commodities, but the note concerns metals with minimal direct effect on feed prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-02-28 | [Pound-to-Dollar Rate Retreats on U.S. GDP Growth Surprise](https://feedsoft.ai/events/60858-pound-to-dollar-rate-retreats-on-u-s-gdp-growth-surprise.md) | +0.8% | +1.0% |
| DXY | 2024-12-18 | [Asia-Pacific markets live updates: Fed rate cuts, BOJ rate decision](https://feedsoft.ai/events/27170-asia-pacific-markets-live-updates-fed-rate-cuts-boj-rate-decision.md) | +0.7% | +1.5% |
| DXY | 2024-04-25 | [Dollar sags after mixed US growth and inflation report, except against yen](https://feedsoft.ai/events/30903-dollar-sags-after-mixed-us-growth-and-inflation-report-except-against-yen.md) | +0.1% | -1.1% |
| DXY | 2025-04-03 | [With tariff details in hand, Fed now has to weigh inflation risks against blow to growth \| Reuters](https://feedsoft.ai/events/25043-with-tariff-details-in-hand-fed-now-has-to-weigh-inflation-risks-against-blow.md) | +0.2% | -3.0% |
| DXY | 2017-09-27 | [South Africa's Rand Slips As U.S. Rate Hike Talk Cools Demand \| Naija247news](https://feedsoft.ai/events/69238-south-africa-s-rand-slips-as-u-s-rate-hike-talk-cools-demand-naija247news.md) | +0.5% | +1.5% |

## Sources

- cmegroup.com: https://www.cmegroup.com/education/featured-reports/hightower-report-metals-update-asia-demand-us-growth

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.