Metals News
-
At least seven stars in the Milky Way show signs of potentially harboring a hypothetical, super-advanced form of alien technology known as a Dyson sphere, scientists claim. While the researchers can not be totally sure that these stars host intelligent civilizations, they will undoubtedly pique the interest of scientists searching for extraterrestrial life ...
-
Social media influencers with a combined following of 4.5 million people have been charged in relation to promoting unauthorized investments, the Financial Conduct Authority (FCA) announced on Wednesday. The City watchdog has brought charges against several high-profile television personalities, Love Island stars, and Instagram influencers, alleging they ...
-
In our team meetings, we often discuss the shifting sands of the market. Not only is it an interesting topic, but it poses a challenge for asset allocators. We are in the midst of a multi-year outperformance cycle for large-cap growth. The companies that have driven this outperformance have all become household names: Alphabet, Amazon, Apple, Meta, ...
-
Gold has pulled back from the crucial $2,400 level during trading on Thursday, which is an area that has been important multiple times. With that being said, I think we are just simply entering some type of consolidation area more than anything else. The $2,400 level above continues to be an area that I'll be paying close attention to, and therefore, if we ...
-
post: BREAKING: #silver has just made an 11 year high dating back to February 11, 2013!!! pic.twitter.com/a7Lc5wPjma
-
Spot silver surpassed $30 an ounce for the first time in more than a decade in a rally that has become more forceful and fast than gold’s gains amid robust financial and industrial demand. The precious metal rose as much as 3.3% to $30.55 an ounce, the highest intraday level since Feb. 15, 2013. Silver has soared by 28% this year, outpacing gold and making ...
-
On May 14, U.S. Trade Representative Katherine Tai released a review report on the Section 301 tariffs imposed on China and issued a statement indicating that President Joe Biden ...
-
Macro funds in Asia used the dollar’s drop Thursday as an opportunity to buy it, in particular against the yen, according to traders. A Bloomberg gauge of the currency hit a ...
-
European Central Bank board member Isabel Schnabel warned against back-to-back rate cuts amid lingering inflation risks, Nikkei reported Friday, as the central bank gears for its ...
-
post: Fed’s Powell Tested Positive for Covid-19 Yesterday, Experiencing Symptoms, Working From Home and Staying Away From Others -- Fed Spokesperson
-
Thank you, President Kashkari, for the introduction, and thank you to the conference participants for the opportunity to speak with you.1 As you all know, the payment system ...
-
The Conference Board Leading Economic Index® (LEI) for theU.S. decreased by 0.6 percent in April 2024 to 101.8 (2016=100), after decreasing by 0.3 percent in March. Over the ...
-
US CPI was the big item from this week and the Wednesday release prodded several themes across global markets. US equities broke out to fresh highs on the back of that print, and the US Dollar broke down to fresh monthly lows, eventually finding support around the 200-day moving average which led to a bounce on Thursday. The move in the Dollar contributed ...
-
Gold has pulled back from the crucial $2,400 level during trading on Thursday, which is an area that has been important multiple times. With that being said, I think we are just simply entering some type of consolidation area more than anything else. The $2,400 level above continues to be an area that I'll be paying close attention to, and therefore, if we ...
-
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 ...