![Japanese yen currency Japanese yen currency](https://img.capital.com/imgs/articles/263x190x1/GettyImages-108090599-1-.jpg)
USD/JPY advances towards the top of its ascending triangle as the US dollar moves higher
![Blue oil drums stacked in a warehouse in Indiana, U.S Blue oil drums stacked in a warehouse in Indiana, U.S](https://img.capital.com/imgs/articles/263x190x1/GettyImages-1410839057.jpg)
Crude oil drops for the third day this week as concerns about growth intensify ahead of the FOMC meeting
![Chairman of the US Federal Reserve Jerome Powell speaks during a news conference following a Federal Open Market Committee (FOMC) meeting on March 22, 2023 in Washington, DC. Chairman of the US Federal Reserve Jerome Powell speaks during a news conference following a Federal Open Market Committee (FOMC) meeting on March 22, 2023 in Washington, DC.](https://img.capital.com/imgs/articles/263x190x1/GettyImages-1475488895_0.jpg)
A preview of the upcoming federal Reserve meeting on Wednesday May 2nd.
![Bars of gold and silver Bars of gold and silver](https://img.capital.com/imgs/articles/263x190x1/GettyImages-599948345.jpg)
Precious metals continue to pull back as the recent rally had become overextended and unsustainable
![close up of $1 US dollar banknote close up of $1 US dollar banknote](https://img.capital.com/imgs/articles/263x190x1/GettyImages-670749951-2-.jpg)
USD trading setups post-CPI release
![Bear market, illustration Bear market, illustration](https://img.capital.com/imgs/articles/263x190x1/GettyImages-1369915685.jpg)
As the latest CPI data shows inflation cooling more than expected we take a look at the latest charts.
![“now hiring” sign posted on business door “now hiring” sign posted on business door](https://img.capital.com/imgs/articles/263x190x1/GettyImages-1395278718-1-.jpg)
Job openings drop in February as the gap between vacancies and unemployed starts to close
![Oil field with rigs and pumps at sunset Oil field with rigs and pumps at sunset](https://img.capital.com/imgs/articles/263x190x1/GettyImages-1427900101.jpg)
Oil prices jump as OPEC+ plans to cut production in April. Gold finds resistance as inflation concerns reappear and natural gas lacks bullish momentum.
![Japanese yen currency Japanese yen currency](https://img.capital.com/imgs/articles/263x190x1/GettyImages-108090599_1.jpg)
USD/JPY facing resistance ahead of BOJ meeting and US jobs data
![Rising stock market trading chart Rising stock market trading chart](https://img.capital.com/imgs/articles/263x190x1/GettyImages-1401171512-3-.jpg)
US equities bounce higher on Wednesday as consumer confidence drops in February
![A stockholder watches the stock market at a securities sales department in Fuyang City, Anhui Province, China, Feb. 20, 2023 A stockholder watches the stock market at a securities sales department in Fuyang City, Anhui Province, China, Feb. 20, 2023](https://img.capital.com/imgs/articles/263x190x1/GettyImages-1247322054.jpg)
US equities pullback further as retail giants warn about their profits and uncertainty remains about interest rate path.
![Offshore rig is under construction in shipyard by the sea Offshore rig is under construction in shipyard by the sea](https://img.capital.com/imgs/articles/263x190x1/GettyImages-1413013963.jpg)
A look ahead at oil, gold and gas prices as US CPI becomes the key event of the week
![S&P 500, FTSE 100 S&P 500, FTSE 100](https://img.capital.com/imgs/articles/263x190x1/GettyImages-1241324130.jpg)
Traders focus on the latest inflation data to provide some guidance
![Commodities Businessman representing recessionary, stagflation or inflation economies with graphs of the stock market as a concept of raw material. Financial world crisis concept.](https://img.capital.com/imgs/articles/263x190x1/shutterstock_2176844219.jpg)
Strength to strength in the commodity space, however, topside exhaustion begins to creep in
![Rising stock market chart on a trading board background. Rising stock market chart on a trading board background.](https://img.capital.com/imgs/articles/263x190x1/GettyImages-1401171512-2-_1.jpg)
Can the S&P 500 hold above its 2022 descending trend line?