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The Effect of Coronavirus on Gold
The Effect of Coronavirus on Gold Trading Opportunities Gold prices reversed early losses on Thursday, driven by concerns over the spread of the coronavirus in Wuhan, China. As the virus grows in impact, gold hit a two-week high of $1564.6 USD/oz as investors sought a safe-haven asset, fearing that the virus could spread further and…
Новости
28 января 2020
32 views
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The Safe Haven Wind Down | Bulletin
The Safe Haven Wind Down | Bulletin As risk sentiment returned to equities this week, both Gold and Silver saw significant sell-offs following speculation that the US may remove tariffs on China. This speculation led US stocks to reach new all-time highs, with the Dow Jones gaining over 2.3% this week, while safe-haven assets Gold…
Новости
08 ноября 2019
24 views
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US Blacklists Eight Chinese Tech Companies Amid Trade Tensions
US Blacklists Eight Chinese Tech Companies Amid Trade Tensions The Trump administration has added eight Chinese technology companies to the US blacklist, accusing them of involvement in human rights violations against Muslim minorities in China’s Xinjiang province. Two prominent companies, Hangzhou Hikvision Digital Technology Co. and Zhejiang Dahua Technology Co., which control nearly a third…
Новости
08 октября 2019
24 views
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Is the Market Losing Interest in Brexit?
Is the Market Losing Interest in Brexit? The UK Supreme Court ruled that Prime Minister Boris Johnson’s prorogation of Parliament lacked reasonable justification, briefly strengthening the Pound Sterling (GBP). However, this rally was short-lived as persistent Brexit uncertainty continued to weigh on the currency. Johnson has resisted calls to request an extension to the Brexit…
Новости
26 сентября 2019
23 views
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Crude Oil Market Reacts to Saudi Supply News
Crude Oil Market Reacts to Saudi Supply News The recent drone attack on Saudi oil facilities caused a dramatic rally in oil prices on Monday, marking one of the fastest price spikes on record. However, optimism regarding a quick recovery in Saudi Arabia’s oil production levels has led to a pullback in prices. Price Movement…
Новости
17 сентября 2019
23 views
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GBP/USD Reacts to Brexit Developments
GBP/USD Reacts to Brexit Developments Prime Minister Boris Johnson’s decision to prorogue Parliament ahead of the October 31 Brexit deadline has sparked significant market reactions. With Queen Elizabeth’s formal approval of the move, the pound experienced sharp volatility, plunging to a daily low of 1.2189 before staging a partial recovery. Daily Chart Overview: On the…
Новости
28 августа 2019
24 views
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EUR/GBP Rallies: Are We Heading Back to the Top?
EUR/GBP Rallies: Are We Heading Back to the Top? Global market uncertainty, fueled by recent trade tensions and a 6% drop in stock prices within two days, has weakened the US dollar, prompting investors to shift toward safer assets. Among these, the euro has emerged as a preferred choice, strengthening against both the dollar and…
Новости
08 августа 2019
22 views
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Gold Price Surges to $1,560 per Ounce: What’s Driving the Rally?
Gold Price Surges to $1,560 per Ounce: What’s Driving the Rally? Gold prices are making a strong move, surpassing key resistance levels at $1,440—marks that have held for the last six years. This surge comes in the wake of President Donald Trump’s announcement of a potential 10% tariff on $300 billion worth of Chinese imports…
Новости
06 августа 2019
25 views
