Metals News
- From snb.ch|1 hr 58 min ago
- From youtube.com/southchinamorningpost|1 hr 26 min ago
A company in Japan has introduced an afternoon nap system, with a special area where employees can take turns to catch a short rest. The nap zone features special lighting, sounds and aromas that encourage naps which the company hopes can make up for sleep deprivation common among employees and in turn improve overall work efficiency.
- From cnn.com|23 hr ago
Hats, bags and gold bars emblazoned with Credit Suisse’s logo are being sold on resale sites, having popped up mere hours after the 167-year-old bank was saved from collapse by rival UBS. The emergency takeover brokered by the Swiss government will mean the end of a bank that began life in 1856 as the Schweizerische Kreditanstalt set up to finance the ...
- From pewresearch.org|5 hr ago
Young people ages 18 to 29 in British, French and German focus groups have few positive things to say about the United States or China as major players on the world stage. The U.S. is seen as the “world’s policeman” with a self-interested history of interventionism that is disappointing to Western allies, while China is labeled the “world’s factory,” ...
- From snb.ch|2 hr 37 min ago|9 comments
The SNB is tightening its monetary policy further and is raising the SNB policy rate by 0.5 percentage points to 1.5%. In doing so, it is countering the renewed increase in inflationary pressure. It cannot be ruled out that additional rises in the SNB policy rate will be necessary to ensure price stability over the medium term. To provide appropriate ...
- From @financialjuice|4 hr ago
tweet at 2:25am: ECB'S MULLER: THE ECB SHOULD LIKELY RAISE RATES BY A LITTLE.
- From miningweekly.com|1 hr 1 min ago
Goldman Sachs on Thursday raised its gold price forecasts, describing it as the best hedge against financial risks, and reiterated its bullish view on commodities as a banking crisis has yet to spill over into physical markets. It hiked its 12-month gold price target to $2 050 an ounce from $1 950, joining others such as Citi, ANZ and Commerzbank in raising ...
- From wolfstreet.com|8 hr ago
It makes sense in this era of high inflation, QT, rising policy interest rates, and high financial fragility in the banking system, after years of money printing and interest rate ...
- From think.ing.com|14 hr ago|1 comment
The Federal Reserve has raised the policy rate by 25bp, but signal it "may" only hike once more. This is a little more dovish than anticipated, but the Fed are not expecting ...
- From atlanticcouncil.org|7 hr ago|1 comment
Xi’s meetings with Putin and the joint statements released on Tuesday should dispel any remaining doubts that Xi has doubled down on relations with Russia over the past year even ...
- From @financialjuice|15 hr ago|3 comments
tweet at 3:10pm: FED'S POWELL: IT IS TOO EARLY TO SAY IF THE RECENT EFFECTS CHANGE THE ODDS OF SOFT LANDING. IT IS HARD TO SAY THAT THEY HELPED THE PROBABILITY THOUGH. tweet at 3:13pm: Fed's Powell: Financial Conditions Seems To Have Tightened, And ‘Probably By More Than The Traditional Indexes Say’ $DXY $USDJPY #FOMC
- From snb.ch|2 hr 37 min ago|9 comments
The SNB is tightening its monetary policy further and is raising the SNB policy rate by 0.5 percentage points to 1.5%. In doing so, it is countering the renewed increase in ...
- From @sevenloI|16 hr ago|9 comments
tweet at 2:54pm: Fed's Powell: Rate Cuts This Year Are Not Our Baseline Expectation tweet at 2:56pm: FED'S POWELL: WE ARE WELL AWARE OF CONCENTRATIONS IN COMMERCIAL REAL ESTATE. I DON'T THINK IT IS COMPARABLE TO THESE OTHER BANKING STRAINS. tweet at 2:59pm: Fed's Powell: If We Need to Raise Rates Higher We Will tweet at 3:01pm: FED'S POWELL: RECENT LIQUIDITY PROVISION THAT HAS INCREASED BALANCE SHEET SIZE IS NOT INTENDED TO ALTER STANCE OF MONETARY POLICY. tweet at 3:08pm: Fed's Powell: 2023 Unemployment Rate Estimate Is A ‘Highly Uncertain Estimate’ - Recessions Tend To Be Nonlinear ‘So Very Hard To Model’ $DXY $USDJPY #FOMC
- From xm.com|17 min ago
Gold struggled to jump above the immediate resistance of 1,985, keeping its footing above the short-term simple moving averages (SMAs) in the 4-hour chart. Trend signals remain daunting as regards the market momentum. Some downside correction seems to be building as the RSI has paused its uptrend in the positive area and the stochastics are flattening in ...
- From forex.com|6 hr ago
Gold prices are down on the week after rebounding off technical uptrend resistance with today’s post-FOMC rally paring a portion of the losses. While the broader outlook remains weighted to the topside, the advance may still be vulnerable here and we’re on the lookout for evidence of an exhaustion low in the weeks ahead. These are the updated targets and ...
- From mining.com|14 hr ago
Sprott Asset Management LP has announced the launch of Sprott Nickel Miners ETF (NASDAQ: NIKL), the only US-listed exchange-traded fund focused on nickel mining companies that are providing a critical mineral necessary for the clean energy transition. NIKL represents the latest addition to Sprott’s suite of energy transition-focused ETFs following its ...