-
Commodities take a breather after action-packed November
From an asset class perspective, commodities traded steadily in November, a month marked by significant developments on both the economic and political fronts. In the US, the elections delivered a decisive victory to Donald Trump, granting him the opportunity to shape the world’s largest economy according to his vision over the next four years. His agenda has raised concerns about trade wars, with tariffs potentially targeting not only imports from China but also goods from key trading partners, particularly Canada and Mexico. Furthermore, his proposed policies on mass deportations of illegal immigrants, tax cuts, ... (full story)
- Comments
- Subscribe
-
- Older Stories
From kitco.com|Nov 29, 2024Gold and silver are seeing modest gains in a quiet holiday trading session as U.S. markets are closed for Thanksgiving. Spot gold last traded at $2,643.80 an ounce, up 0.38% on ...
From @zerohedge|Nov 29, 2024|4 commentspost: *BOJ’S UEDA SAYS FURTHER YEN WEAKNESS IS A BIG RISK: NIKKEI post: BOJ'S GOVERNOR UEDA: BANK OF JAPAN TO FOCUS ON WAGES AND OTHER AREAS OF WHEN DECIDING WHETHER TO HIKE INTEREST RATES - NIKKEI. post: BOJ'S GOVERNOR UEDA: YEN WEAKNESS WILL BE RISK TO OUTLOOK IF CURRENCY FALLS FURTHER AFTER INFLATION STARTS RISING - NIKKEI. post: BOJ'S GOVERNOR UEDA: IF UNDERLYING INFLATION HOVERS AROUND 2% IN MIDDLE TO H2 FISCAL 2026, BOJ'S POLICY RATE WILL STAND CLOSE TO NEUTRAL RATE - NIKKEI.
From litefinance.org|Nov 29, 2024Main scenario: Consider short positions from corrections below the level of 2792.90 with a target of 2418.82 – 2304.21. A sell signal: the price holds below 2792.90. Stop Loss: ...
-
- Newer Stories
From bnnbloomberg.ca|Nov 29, 2024Chile registered its biggest month of copper production this year, and the best October since before the pandemic, as the biggest supplier of the wiring metal recovers from ...
From kitco.com|Nov 29, 2024Investors hoping for a Santa Claus rally in gold should exercise caution as recent volatility could signal a price peak, at least for this year, according to one market analyst. ...
From argusmedia.com|Nov 29, 2024Ecuador's energy ministry wrapped up talks and expects to reach a final deal by January with a subsidiary of Canada's Lumina Gold to develop the large-scale Cangrejos copper ...
- Story Stats
- Posted: Nov 29, 2024 1:35pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 155
