London Edition: Gold steadies, UK inflation in focus

Welcome to Venor News, London Edition. I'm Gracy Skai.

Gold is a touch higher today and still down on the week.

Crude holds above a hundred dollars as Middle East supply fears build.

Britain's inflation report lands with a November rate hike almost fully priced.

US stock futures rise as another heavy round of earnings arrives.

First, currencies. Euro-dollar is a touch softer, down 0.11 percent. The pound is little changed, down 0.02 percent. Dollar-yen is flat. And the Aussie dollar is the one moving, up 0.22 percent. The dollar is steady overall.

Our number of the day: 7.1 percent. That's how far XRP has risen this week.

Gold is up 0.08 percent since yesterday's close, at 4,128 dollars, but it is still down 0.86 percent this week. On the daily chart the structure is mixed and ranging, with sellers in control. The four-hour structure is down. In energy, Reuters reports oil is rising on Middle East supply fears, and US crude is up 0.89 percent today at 100 dollars. Traders will watch today's UK inflation report and the Bank of England governor's remarks.

Crypto now. Bitcoin is little changed, up 0.10 percent today at 82,855 dollars, and it is up 2.42 percent this week. Ethereum is up 0.14 percent today and 4.31 percent this week. The four-hour structure for Bitcoin is up. In the news, France's National Assembly advanced a tax on crypto swaps into stablecoins by a single vote, 38 to 37, a measure that lands on coins licensed in Europe.

The key number today is UK inflation at 6:00 GMT, with the Bank of England governor speaking at 13:00 GMT.

Finally, at the time of this recording, our live barometer showed: Bitcoin is clearly bullish, dollar-yen leans bearish, and US crude oil leans bearish. For short-term sentiment, watch Market Pulse on our website. And our Session's Briefing goes out before every session on our Telegram channel, Venor Analysis. Scan the code on your screen to join.

That's all from Venor News. Goodbye, and happy trading.