Metals News
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Libyan authorities have arrested several customs officials for attempting to traffic abroad about 26 tons of gold worth almost 1.8 billion euros ($1.9 billion), prosecutors said. The Libyan prosecutor’s office did not detail the suspected origin of the massive amount of precious metal, greater than the national gold reserves of many countries. Authorities ...
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"My god it's him, he's really back. To give a hedgefund bitch a heart attack. To make a million apes insomniac. It's the guy... who's not a cat ;-)," wrote one user on Reddit's GameStop message board on Sunday evening following an X post from 'Roaring Kitty.' Roaring Kitty, also known as Keith Gill, led an army of 'meme-traders' against hedge funds shorting ...
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There are certain names that echo down from the history of finance and economics. Adam Smith is one. Milton Friedman is another. So does the British economist John Maynard Keynes. Keynes’ was, and famously remains, an advocate of government deficit spending in a recession. It’s hard to imagine now how radical this position was in the decade before the ...
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The Producer Price Index for final demand rose 0.5 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 percent in March and advanced 0.6 percent in February. (See table A.) On an unadjusted basis, the index for final demand moved up 2.2 percent for the 12 months ended in April, the ...
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post: BOE'S PILL: CAN CUT RATES WHILE LEAVING STANCE RESTRICTIVE post: MORE BOE'S PILL: PERSISTENT INFLATION IS STILL RUNNING AT LEVELS THAT MEAN WE STILL HAVE SOME WAY TO GO #bankofnengland #boe #huwpill #monetarypolicy #ukeconomy #interestrates #inflation post: MORE BOE'S PILL: THE DIFFERENT VIEWS ON THE MPC REFLECT A RANGE OF ASSESSMENT OF THE DEGREE OF INFLATION PERSISTENCE #bankofnengland #boe #huwpill #monetarypolicy #ukeconomy #interestrates #inflation post: MORE BOE'S PILL: IT'S NOT UNREASONABLE THAT THROUGH THE SUMMER WE'LL SEE INFLATION DATA THAT WILL ALLOW A CUT IN BANK RATE #bankofnengland #boe #huwpill #monetarypolicy #ukeconomy #interestrates #inflation
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A pair of economic reports this week will show whether inflation is holding strong, receding somewhat or even perhaps increasing as 2024 progresses. First up will be the producer price index for April on Tuesday. The measure of inflation at the wholesale level – the prices businesses pay for the goods and services they then sell to consumers – is expected ...
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A pair of economic reports this week will show whether inflation is holding strong, receding somewhat or even perhaps increasing as 2024 progresses. First up will be the producer ...
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Fitch Ratings estimates national home prices were 11.1% overvalued for 4Q23 on a population-weighted average basis, showing negligible difference from the previous quarter. The ...
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The Biden administration announced stiff new tariff rates Tuesday on $18 billion worth of Chinese imports. The White House said the tariff hikes were necessary to protect American ...
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The Producer Price Index for final demand rose 0.5 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 ...
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post: BOE'S PILL: CAN CUT RATES WHILE LEAVING STANCE RESTRICTIVE post: MORE BOE'S PILL: PERSISTENT INFLATION IS STILL RUNNING AT LEVELS THAT MEAN WE STILL HAVE SOME WAY TO GO #bankofnengland #boe #huwpill #monetarypolicy #ukeconomy #interestrates #inflation post: MORE BOE'S PILL: THE DIFFERENT VIEWS ON THE MPC REFLECT A RANGE OF ASSESSMENT OF THE DEGREE OF INFLATION PERSISTENCE #bankofnengland #boe #huwpill #monetarypolicy #ukeconomy #interestrates #inflation post: MORE BOE'S PILL: IT'S NOT UNREASONABLE THAT THROUGH THE SUMMER WE'LL SEE INFLATION DATA THAT WILL ALLOW A CUT IN BANK RATE #bankofnengland #boe #huwpill #monetarypolicy #ukeconomy #interestrates #inflation
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post: PBoC Fixes USDCNY Reference Rate At 7.1053 (prev fix 7.1030 prev close 7.2332)
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Silver has been rather noisy during the trading session on Monday, as we are bring in our hands against the major resistance level. The $20.50 level continues to be important, and the fact that we ended up forming a shooting star during the trading session on Friday only reiterated this. Underneath, we have the $28 level that could offer support, and has so ...
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video Silver peaked at a high of 28.77 last Friday before ending the day in the red with a bearish candlestick pattern. Sellers again dominated today, Monday, as the price of silver fell below Friday’s low of 28.04. However, support was seen at the day’s low of 27.97, leading to a minor intraday bounce. Support was seen around the crossing of two rising ...
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CME Group, the world's leading derivatives marketplace, today reported its April 2024 market statistics set a new average daily volume (ADV) record of 26.5 million contracts for the month, up 33% from April 2023, with double-digit growth across all asset classes. Additionally, interest rate, equity index, foreign exchange and options products set new April ...