Metals News
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At least seven stars in the Milky Way show signs of potentially harboring a hypothetical, super-advanced form of alien technology known as a Dyson sphere, scientists claim. While the researchers can not be totally sure that these stars host intelligent civilizations, they will undoubtedly pique the interest of scientists searching for extraterrestrial life ...
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Social media influencers with a combined following of 4.5 million people have been charged in relation to promoting unauthorized investments, the Financial Conduct Authority (FCA) announced on Wednesday. The City watchdog has brought charges against several high-profile television personalities, Love Island stars, and Instagram influencers, alleging they ...
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Price can be volatile at times and hard to read. That's where moving averages come in! They're a super popular trading indicator used by many of the best traders of all time, but using them right can be tricky. This article will cut through the confusion and show you exactly what you need to know. We'll cover picking the perfect moving average for your ...
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U.S. stocks edged back from their record heights Thursday after the Dow Jones Industrial Average briefly topped the 40,000 level for the first time. The Dow slipped 38.62 points, or 0.1%, to 39,869.38. The S&P 500 index, which is much more widely followed on Wall Street, dipped 11.05, or 0.2%, to 5,297.10, and the Nasdaq composite fell 44.07, or 0.3%, to ...
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The US will ask suppliers next month to bid on contracts for as much as $3.4 billion of domestically produced nuclear reactor fuel, according to a government notice. Around $2.7 billion of the funding comes from a broader plan to wean the nation off nuclear fuel imported from Russia and forms part of a strategy to help restart domestic nuclear fuel ...
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April new house prices in China -0.6% m/m. • -0.3% prior. -3.1% y/y. • Prior -2.2% New house prices slumping, used houses prices down also, -0.9% m/m. House prices falling more rapidly than in March. Hard to argue this is a positive sign, until it turns around. Maybe this will make a difference ahead: • China's government is considering buying unsold homes ...
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The Fed hiked rates above 5%, and yet the US economy doesn't break. Back in 2022 already, the yield curve inverted and it has stayed inverted ever since. The lags looked ...
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With no slowdown in sight for the US economy, the Fed will need to see several months of even slower price data before cutting rates. September is probably too soon, and we now ...
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The Misery Index — the combination of Inflation and unemployment — failed as a bearish criticism of the economy. Unemployment remains at 60-year lows, and Inflation has plummeted ...
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post: Fed’s Mester: It Will Take Longer to Gain Confidence Inflation’s Moving Toward 2% Fed’s Mester: Current Restrictive Policy Will Help Lower Inflation Fed’s Mester: Welcomes CPI Data Sign of Cooling Inflation Fed’s Mester: Expects Gradual Progress on Lowering Inflation post: FED’S MESTER: RISKS TO THE INFLATION SIDE OF FED MANDATE HAVE INCREASED. post: <=USD>:*FED'S MESTER: PRUDENT TO HOLD RATES 'FOR LONGER' TO ASSESS DATA *MESTER: INFLATION PROGRESS WILL DEPEND MORE ON EASING DEMAND *MESTER: DATA SUGGEST RISKS TO FED'S INFLATION GOAL HAVE RISEN *MESTER: READINGS ON SHORT-TERM INF. EXPECTATIONS HAVE RISEN
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In April, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments strictly ...
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U.S. imports increased 0.9 percent in April, after advancing 0.6 percent in March, the U.S. Bureau of Labor Statistics reported today. Higher fuel and nonfuel import prices ...
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video Gold rallied to a new trend high of 2,397 on Thursday before encountering resistance and pulling back intraday. At the time of this writing gold is on track to complete the day with a narrow range, reflecting a pause in the advance. Resistance was seen at the 78.6% Fibonacci retracement and further confirmed by a top rising trend channel line that ...
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It’s rare when a target is reached so perfectly as it’s the case in the USDX right now. In yesterday’s analysis, I provided a lot of contexts for the current prices moves. Today, I’ll focus on the short-term price moves and I’ll start with the market where we saw the clearest, immediate-term indication: the USD Index. The Fibonacci retracement levels ...
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Gold prices hit an all-time high of $2,448.80/oz. on April 12, 2024, on the back of hotter-than-expected NFP, sticky inflation and rising geopolitical risk. These factors attracted inflow of funds as shown by increasing managed money long positions to around two-year high. Despite the pullback towards the end of the month as profit-taking and U.S. dollar ...