Gold fails at $2475 once again
Gold daily Gold is down 1% today after a third failure near $2475. It’s still higher on the week after it shot up on Monday but it couldn’t get through…
Gold daily Gold is down 1% today after a third failure near $2475. It’s still higher on the week after it shot up on Monday but it couldn’t get through…
Besides the classic “as expected,” one of the analysts’ favorite phrases is “markets are talking.” This means that significant price changes could indicate that something major is coming. For example,…
A RCP US election poll sees: Harris 47.6% Trump 47.1% A virtual dead heat. Polls are nice, but it will be the swing states that will likely determine the next…
UPCOMING EVENTS: Tuesday: Australia Wage Price Index, UK Labour Market report, Eurozone ZEW, US NFIB Small Business Optimism Index, US PPI. Wednesday: RBNZ Policy Decision, UK CPI, US CPI. Thursday:…
It seems like ages ago, but on Monday, it seemed like markets were on the precipice. The Japan’s Nikkei 225 index on Monday fell -12.4% and analysts were figuring out…
The Canada jobs data had something for everyone today. The unemployment rate was steady vs. last month at 6.4%, but lower than the estimate of 6.5%. The employment data showed…
Bitcoin is testing 200 hour MA and 50% midpoint. Key area Bitcoin’s price surged over 8% today, marking its largest gain since March 2023. Currently trading at $59,819, up $4,666…
Dudley Former NY Fed President Bill Dudley is continuing his dovish shift. Until two weeks ago, he was arguing for a higher-for-longer Fed but changed his mind late in July…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
The members of CNBC Halftime Report (Josh Brown, Joe Taranova, Steve Weiss) are blasé about the decline today. “None of my clients are talking about selling” “If you are leveraged…