Metals News
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Romania’s Mugur Isarescu, the world’s longest-serving central bank governor, is poised to be confirmed for a new five-year term as lawmakers seek a vote on the extension by the end of June. Isarescu took over the leadership of the National Bank of Romania in 1990, less than a year after the collapse of Nicolae Ceausescu’s communist regime, and has served ...
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A long-awaited expedition into an 18th-century shipwreck in the Caribbean Sea has reportedly begun. The government of Colombia launched the deep-water expedition of the San José shipwreck, which is rumored to contain cargo worth billions of dollars, last week. The galleon sank in 1708 en route to Cartagena, Colombia, after it was ambushed by an English ...
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If you have silver coins to sell, read this guide first. There are important things to know about selling silver coins, but it doesn't need to be daunting! These basics will make the process easy for you. The most important things to do before selling your coins are: • finding out how much your silver coins are worth • identifying what kind of coin(s) you ...
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The new DTI restrictions will create limits on the amount of high-DTI lending that banks can make (i.e. where the borrower has taken on a high amount of debt relative to their gross, or pre-tax, income). LVR restrictions limit the amount of low-deposit lending that they can make. Deputy Governor Christian Hawkesby says DTIs and LVRs are complementary. “LVRs ...
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The rout in commodity prices didn’t last long, as expected, with dip buyers emerging late last week to take advantage of better entry levels. Crude and copper look particularly constructive following the recent bounce. With almost no new fundamental news to look at with public holidays in the United States and United Kingdom to start the week, traders are ...
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Gold prices have been rallying to record highs, with spot gold notching a new top of $2,449.89 per ounce on Monday. Silver too hit multi-year highs earlier last week, as did industrial metal copper. While all three are off their perch currently, they are still trading hovering near record highs, with analysts expecting prices to strengthen over the next 12 ...
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The Ifo index, Germany’s most prominent leading indicator, just illustrated that the cyclical bottoming out will not automatically be followed by a strong recovery. After three ...
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The entire world economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the Group ...
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French President Emmanuel Macron said the European Union must stop being naive in the face of growing competition from the US and China, and repeated calls for a “buy European” ...
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The rout in commodity prices didn’t last long, as expected, with dip buyers emerging late last week to take advantage of better entry levels. Crude and copper look particularly constructive following the recent bounce. With almost no new fundamental news to look at with public holidays in the United States and United Kingdom to start the week, traders are ...
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video Silver triggers a strong bullish reversal as it breaks above Friday’s high of 30.62 and rallies sharply. It is on track to close strong, in the upper quarter of the day’s price range. Last week’s swing low of 30.05 completed a 38.2% Fibonacci retracement following a 24.9% rally to a trend high of 32.52 reached a week ago. Such a strong bullish ...
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RoboMarkets: upcoming changes to the trading schedule (the Memorial Day in the US and the Late May Spring Bank Holiday in the UK)22.05.2024 / 08:00Dear Clients and Partners, Please note the upcoming adjustments to the trading schedule. Holiday: the Memorial Day in the US and the Late May Spring Bank Holiday in the UK Dates: 27/05/2024 - 28/05/2024 This ...