Gold Price Analysis: The weekly close looks positive but the bulls need to break $1765.38
The weekly chart below reminds us of the lofty levels the bulls are looking to target. The standout point on the chart is the fact that the price has
Read More »Events to Look Out for Next Week
Welcome to our weekly agenda, our briefing on all the key financial events globally.Virus jitters will remain a focus along with Beijing and several US states as real data continues…
Read More »Economic data coming up in the European session
UK May retail sales data is due today Overall price action in the currencies space is more subdued with US futures just a touch higher for now, though it’s hard…
Read More »Sterling Slips Ahead of BOE
GBPUSD, H1 Sterling has taken a rotation lower into the BoE announcement, with the currency racking up losses of over 0.4% against the Dollar and Euro, and most other peers….
Read More »Top China Virus Expert sees COVID-19 vaccine available by year-end
Speaking in a CCTV interview on Friday, A senior Chinese health official said that he expects a COVID-19 vaccine by the end of 2020. more to come …
Read More »US president Trump says that John Bolton’s book is made up of lies, fake stories
We are slowly starting to get into the election phase "Wacko John Bolton’s "exceedingly tedious"(New York Times) book is made up of lies & fake stories. Said all good about…
Read More »GBP/USD: Mildly offered below 1.2600 with eyes on BOE
GBP/USD is seen trimming the intraday losses while rising to 1.2555 ahead of the London open on Thursday. Even so, the pair posts three-day losing str
Read More »Canada’s CPI slowed – Steady Loonie?
Canada’s CPI slowed to a -0.4% y/y rate in May, contrary to expectations for little change (median +0.1%) after the -0.2% y/y contraction in April. The CPI did expand in…
Read More »Equity futures boosted further from US data
The Dollar rose following the better industrial production figures and Retail sales, leaving EURUSD at session lows of 1.1268 from 1.1285, and USDJPY at session highs of 107.51 from 107.45….
Read More »Australian Senator calls for imposing tariffs on Chinese imports
Australian Senator Concetta Fierravanti-Wells called for the government to slap tariffs on Chinese imports while speaking in parliament on Wednesday.
Read More »