Metals News
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Today, in light of intensified terrorist activity in the Middle East, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Advisory to assist financial institutions in detecting potentially illicit transactions related to Islamic Republic of Iran-backed terrorist organizations. The Advisory highlights the means by ...
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Curators are "devastated" after gold objects dating back 3,000 years to the Bronze Age were stolen from a museum. A gold torc and a gold bracelet were stolen during a break-in at Ely Museum on Tuesday. The museum acquired the torc, valued at £220,000, in 2017 using grants and donations and it said the loss was a "huge blow". Cambridgeshire Police said itwas ...
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When it comes to Contracts for Difference (CFDs), one of the most common questions among traders is how long do you hold a CFD? Unlike some financial instruments, CFDs do not have a fixed expiry date and therefore traders can use different trading strategies at their will. Nevertheless, the period that you keep a derivative will affect both your trading ...
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The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 8 May 2024, the MPC voted by a majority of 7–2 to maintain Bank Rate at 5.25%. Two members preferred to reduce Bank Rate by 0.25 percentage points, to 5%. The ...
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We have raised interest rates over the past couple of years to help slow down price rises (inflation). It’s working. Inflation in the UK has fallen to its lowest level since September 2021, from a peak of 11% in 2022 to 3.2% in March. High inflation affects everyone, but it particularly hurts those who can least afford it. We need to make sure that ...
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Our Monetary Policy Committee (MPC) decides what monetary policy action to take. The MPC sets and announces policy eight times a year (roughly once every six weeks). In this video, the MPC discusses the decisions taken in May 2024 and answers questions from the press.
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The Bank of England is likely to take another step towards its first interest rate cut in four years on Thursday as inflation falls, but will probably be cautious about signalling ...
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A simple model points to a risk that US inflation takes longer to return to the 2% target than expected by the Fed because inflation dynamics have not returned to pre-COVID ...
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At the Monetary Policy Meeting (MPM) held on March 18 and 19, 2024, the Bank of Japan changed its monetary policy framework, judging that it was now within sight that the price ...
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post: RUSSIA'S PUTIN: RUSSIA WILL DO EVERYTHING TO AVOID GLOBAL CONFRONTATION post: RUSSIA'S PUTIN: RUSSIA HAS NEVER DENIGRADED THE CONTIBUTION OF ALLIIES IN WORLD WAR TWO post: PUTIN: OUR STRATEGIC FORCES ARE ALWAYS COMBAT READY PUTIN: WE WILL NOT ALLOW ANYONE TO THREATEN US
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The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its ...
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We have raised interest rates over the past couple of years to help slow down price rises (inflation). It’s working. Inflation in the UK has fallen to its lowest level since ...
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Gold was rather choppy during the early hours on Wednesday, but we do still have a significant amount of support below that comes into the picture to offer a bit of a potential buying opportunity. After all, gold has a lot of things working for it right now as the geopolitical situation continues to be an absolute mess. Furthermore, we've been in an uptrend ...
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Gold's price movements suggest a bearish bias, with key support levels and potential targets indicating a possible continuation of the current downtrend. video 50-Day Moving Average is Key Lower Target: A key lower potential support level is around the 50-Day MA, currently at 2,251. It is close to converging with a Fibonacci confluence zone from 2,261 to ...
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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 ...