Metals News
-
A 10.20-carat pink diamond, thought to be the most important of its cut and color to be offered in 12 years, is expected to realize up to $12 million at an upcoming jewelry sale at Christie’s in New York. The round brilliant-cut, fancy-intense-pink, internally flawless diamond will headline the June 11 Magnificent Jewels auction, Christie’s said Tuesday. ...
-
British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank Citi for failings in its trading systems and controls. The fines were issued by the Prudential Regulation Authority and the Financial Conduct Authority, whose investigation focused on the period between April 1, 2018, and May 31, 2022. Citi ...
-
Have we mentioned, that we love history? Probably more than just once. What we like on the academic studies which use longterm data is that they offer a bird-like view on the financial markets. The daily noise and ebbs and flows retreat into the background and macroeconomic and geopolitical trends emerge. This top-down analysis helps to design the asset ...
-
UK inflation data due on Wednesday is expected to fall close to the government’s 2% target. Almost three years on from the start of price spikes, how has the economy changed? After a long, gruelling wait, markets and policy makers are expecting the UK's Office for National Statistics to deliver good news this week. For the first time since July 2021, ...
-
Existing-home sales receded in April, according to the National Association of REALTORS®. All four major U.S. regions posted month-over-month declines. Year-over-year, sales decreased in the Northeast, Midwest and South but increased in the West. Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and ...
-
In reviewing the charts of the markets I often trade, it's evident that Heating Oil has decisively broken through the bottom of its wedge pattern, whereas Gold has established a classic "cup and handle" formation. From a technical perspective, these markets seem to be moving in opposite directions. chart The weekly chart, tracing back to the summer of ...
-
UK inflation data due on Wednesday is expected to fall close to the government’s 2% target. Almost three years on from the start of price spikes, how has the economy changed? ...
-
It’s now two years since the RBA first started to raise interest rates, resulting in the biggest tightening cycle since the late 1980s. Rates have gone much higher and stayed high ...
-
Inflation in advanced economies remained essentially stable for the third straight month, at around 2.7% yoy. The stickiness of advanced economy inflation so far this year has ...
-
The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 3.0% in the 12 months to April 2024, down from 3.8% in the 12 months to March. On a monthly ...
-
Existing-home sales receded in April, according to the National Association of REALTORS®. All four major U.S. regions posted month-over-month declines. Year-over-year, sales ...
-
post: *REHN: STRONG CASE TO START #ECB EASING IN JUNE - BBG *REHN: EUROZONE SEEING MODERATING WAGE GROWTH *ECB'S REHN: NOT PRE-COMMITTING TO ANY RATE PATH *REHN: WHAT FED DOES WILL NOT DETERMINE IF ECB CUTS RATES *REHN: ECB ISN'T 13TH FED DISTRICT: AFP
-
In reviewing the charts of the markets I often trade, it's evident that Heating Oil has decisively broken through the bottom of its wedge pattern, whereas Gold has established a classic "cup and handle" formation. From a technical perspective, these markets seem to be moving in opposite directions. chart The weekly chart, tracing back to the summer of ...
-
Silver has been very noisy during the trading session here on Tuesday. Yet again we continue to see a lot of questions asked about the market in general. With that being said, I am a bit cautious at this point and I recognize that we might be getting a little overstretched and if that's going to be the case, I would anticipate some type of significant ...
-
Gold prices hit an all-time high of $2,448.80/oz. on April 12, 2024, on the back of hotter-than-expected NFP, sticky inflation and rising geopolitical risk. These factors attracted inflow of funds as shown by increasing managed money long positions to around two-year high. Despite the pullback towards the end of the month as profit-taking and U.S. dollar ...