-
An ugly jobless claims print was the day's early catalyst sending yields significantly lower, stocks, gold, oil, and crypto higher and the dollar down with rate-cut expectations re-ignited... chart A dovish shift supported stocks - which had a "squeezey feel" amid very low liquidity... chart Goldman's trading desk noted that while yesterday was the ...
-
The situation on the forex market continues to develop with my previous comments. But – as you also read previously – the big impact on gold (and mining stock) prices can be delayed until the markets are more certain that the rallies are not accidental. That’s what we saw in 2022, but since I wrote about it in greater detail yesterday, I don’t want to ...