Gold (XAU/USD) Picking Up a Small Bid as Oversold Conditions Begin to Clear
Gold is picking up a small bid around $2,000/oz. after mixed US economic data pushes the precious metal one way and then another
Gold is picking up a small bid around $2,000/oz. after mixed US economic data pushes the precious metal one way and then another
Indices have put the US CPI reading firmly behind time, with the Dax moving to a new record and the Dow targeting 39,000. Even the FTSE 100 is moving higher.
For NVIDIA to sustain its lofty share price, it's imperative that the company's results meet Wall Street's expectations.
Sterling rose but almost immediately settled back down after UK retail sales in January made up for Decembers dismal data. GBP reflects on a busy week
This article explores gold's fundamental and technical outlook, dissecting key scenarios that could play out in the near term in response to U.S. PPI data.
The International Energy Agency lowered its estimate of oil demand growth, renewing oversupply concerns at a time when major economies confirm recessions
EUR/USD rises for a second consecutive day after weak US retail sales data, but its recovery could be derailed if the upcoming US PPI report shows limited progress on disinflation.
Bitcoin has rallied by over 20% already this month as buyers continue to dominate the market. A short-period of consolidation could lead to further gains as the ‘halving’ draws closer.
Markets have been braced for a withdrawal from the longest period of easy monetary policy by any central bank. Japanese growth data numbers make that less likely
Worse-than-expected UK GDP data for Q4 plunged the UK into recession. Attention now turns to possible tax cuts to be announced in the Spring Statement - BoE stands firm