Metals News
-
A major championship and a whole lot of money was be awarded at Pinehurst No. 2 as the United States Golf Association announced a record purse for the 2024 U.S. Open. Upping the prize pool by $1.5 million for this year's championship, the USGA will be shelling out a total of $21.5 million after Sunday's festivities. Taking home the largest chunk is two-time ...
-
Deutsche Bank AG, London Branch has filed a Complaint against Finepoint Capital LP, Warbler Run I, LLC, and Warbler Run II, LLC. The document, seen by FX News Group, was submitted on June 14, 2024, at the New York Southern District Court. This is an action for breach of contract and breach of the implied covenant of good faith and fair dealing. The parties ...
-
A lot has happened to the economy since COVID struck, and reading the economic tea leaves has become more difficult. Many of the gains for many Australians in 2020 and 2021 were artificial and didn’t last. The COVID Supplement temporarily doubled JobSeeker, for example. JobKeeper paid workers what their employers could not. As these measures have been ...
-
post: ECB’S LANE: THE GOAL IS TO HIT 2% IN THE MEDIUM-TERM. post: ECB’S LANE: WE ARE SEEING SIGNIFICANT WAGE INCREASES IN SOME COUNTRIES. post: ECB’S LANE: THERE SOME QUESTIONS THAT INFLATION MOMENTUM WON'T RESOLVE IMMEDIATELY. WE NEED MORE THAN A MONTH OF DATA ON SERVICES INFLATION.
-
China’s home prices fell at a faster pace in May, as the country’s most forceful efforts to support the property market took time to revive demand. New-home prices in 70 cities, excluding state-subsidized housing, slid 0.71% from April, the most since October 2014, National Bureau of Statistics figures showed Monday. Values of existing homes dropped 1%, the ...
-
On Whit Monday, May 20th, the price of gold reached a new all-time high of USD 2,450. However, this milestone was immediately followed by a sharp pullback to USD 2,287, from which the gold market has so far been unable to recover sustainably. Gold – Breather or Top Formation. Moreover, gold prices have been getting stuck above USD 2,400 since mid-April. ...
-
Large speculators increased short exposure to EUR/USD futures by 19% (22.9k contracts) and trimmed longs by 0.7% (-53 contracts). • Large speculators reached a record level of ...
-
European Central Bank policymakers have no plan to discuss emergency purchases of French bonds and still think it is for French politicians to reassure investors spooked by the ...
-
China’s retail sales beat expectations in May, climbing 3.7% compared with a year ago, beating expectations of a 3% rise from a Reuters poll of economists. However, other economic ...
-
post: BOJ'S GOVERNOR UEDA: SERVICE PRICES CONTINUE TO RISE MODERATELY, REFLECTING WAGE RISES. post: BOJ'S GOVERNOR UEDA: I WILL SCRUTINISE FX MOVES AND THE IMPACT ON IMPORT PRICES.
-
post: ECB’S LANE: THE GOAL IS TO HIT 2% IN THE MEDIUM-TERM. post: ECB’S LANE: WE ARE SEEING SIGNIFICANT WAGE INCREASES IN SOME COUNTRIES. post: ECB’S LANE: THERE SOME QUESTIONS THAT INFLATION MOMENTUM WON'T RESOLVE IMMEDIATELY. WE NEED MORE THAN A MONTH OF DATA ON SERVICES INFLATION.
-
In May, 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 ...
-
Gold has been experiencing a pullback from its all-time high of 2,450, breaking below the 50-day simple moving average (SMA). Although the price posted a fresh one-month low on June 7, it has been in a recovery mode since then as the bulls appear to have locked their gaze on the short-term SMA. If the price violates the 50-day SMA, immediate resistance ...
-
The Dollar Index experienced a slight rebound as investors processed hawkish comments from Federal Reserve officials, particularly Minneapolis Fed President Neel Kashkari’s suggestion to delay rate cuts until December. This shift in sentiment strengthened the dollar, influencing various markets. Crude oil prices retraced from two-week highs as investors ...
-
In response to increasing investor demand for more cost-effective trading solutions, FP Markets, a global multi-asset Forex and CFD broker, has further reduced its spreads across various trading instruments. Christodoulos Psomas, Head of Risk at FP Markets, expressed his enthusiasm for the move and commented: ‘Through the continuous optimisation of our ...