Increasing COVID-19 Cases And Elusive US Stimulus Weigh On Stocks
The global economy is facing many challenges that make it uncertain to determine what the future holds. In that context, an elusive US stimulus and rising cases of COVID-19 made ...
Tag: market updates
Gold Is Around Its All-Time High, What Do you Do With It?
This year gold has been on a roller coaster registering an all-time high in early August and then pulling back slightly to consolidate its gains around $1,900. Gold continues to ...
LVMH Is Gradually Recovering In Q3 After A Dismal Q2
2020 has been a roller coaster for many sectors of the global economy. The coronavirus pandemic led to widespread shutdowns that resulted in major losses for businesses throughout the world. ...
Silver (XAGUSD) Is Off Monthly Lows, But Still In The Woods
The global markets have been hit hard recently by economic uncertainties and many other factors. Silver was also not spared as the US dollar regained some of its strength. The ...
EUR/USD Hovers Around 1.1850 Ahead Of US Retail Sales, The Fed
EUR/USD is trading around 1.1850 on Wednesday gradually consolidating its losses recorded earlier. For now, tension is mounting ahead of the last Fed decision before the elections and the United ...
COMEX’s Gold And Silver Futures Market Data Inconsistent
Analysts have been keenly following the gold and silver futures markets since June. Notably, there was a buildup of demand for physical metal against the short futures positions. The past ...
Gold Plunges As Dollar Strengthens And ECB Meeting Approaches
On September 9, gold prices dropped as the US dollar surged to multi-week highs. This incident happened ahead of monetary policy strategies from the major central banks in Europe and ...
Gold And Silver Plunging Amid Vaccine Hopes And USD Strength
On September 3, gold and silver continue heading south as platinum also joins the losing party. Failure to break out in the last few days might turn out to be ...
EUR/USD May Benefit From Fed Flexible Average Inflation Target, Danske Bank Says
The Federal Reserve’s policy together with Danske Bank’s expectations of global macro means that the EUR/USD pair is likely to trade within the 1.18-1.20 range. Risks may be tilted to ...
Gold Falls For The Second Day In A Row, Silver Follows
Gold and silver prices edged lower on September 2 in the Asian markets amid silent global cues and strong local currencies like the rupee. On MCX, October gold futures lost ...
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