Metals News
- From newyorkfed.org|2 hr 16 min ago
- From cbssports.com|3 hr ago
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 ...
- From fxnewsgroup.com|8 hr ago
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 ...
- From theconversation.com|Jun 7, 2024
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 ...
- From newyorkfed.org|2 hr 16 min ago
Business activity declined modestly in New York State, according to firms responding to the June 2024 Empire State Manufacturing Survey. The headline general business conditions index moved up ten points but remained below zero at -6.0. New orders held steady, while shipments inched higher. Delivery times shortened somewhat, and supply availability—a new ...
- From news.metal.com|11 hr ago
Last Friday night, LME copper opened at $9,722.5/mt, surged to a session high of $9,793/mt in early trading, then fluctuated downward to a session low of $9,705.5/mt, before rebounding and finally closing at $9,772.5/mt, with open interest at 334,000 lots. Last Friday night, the most traded SHFE 2407 copper contract opened at ¥79,410/mt, hit a session high ...
- From fxempire.com|12 hr ago
Silver prices ended the week slightly higher as investor optimism for a Federal Reserve rate cut clashed with the central bank’s cautious stance. The unexpected decline in US producer prices weakened inflation data, sparking investor hopes for swift monetary easing. This expectation initially boosted demand for silver, a non-interest-bearing asset known for ...
- From forex.com|10 hr ago
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 ...
- From cnbc.com|9 hr ago
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 ...
- From bnnbloomberg.ca|6 hr ago|1 comment
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, ...
- From newyorkfed.org|2 hr 16 min ago
Business activity declined modestly in New York State, according to firms responding to the June 2024 Empire State Manufacturing Survey. The headline general business conditions ...
- From @financialjuice|6 hr ago
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.
- From @financialjuice|3 hr ago|1 comment
post: ECB'S PRESIDENT LAGARDE: ECB IS ATTENTIVE TO PROPER FUNCTIONING OF MARKETS.
- From marketpulse.com|40 min ago
Gold prices began the week on the backfoot, with a slight gap to the downside at the open. This has seen the precious metal falter to trade below the $2320 heading into the European open. A quiet weekend on the Geopolitical front also added downward pressure on gold prices as any safe haven appeal has, at least for now, disappeared. Last week saw some real ...
- From xm.com|3 hr ago
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 ...
- From fpmarkets.com|Jun 11, 2024
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 ...