Commodities Archives

2 Minutes

Commodities

Precious metals are clear

News March 21, 2023 0 Comment

Share: S&P 500 ran with CS relief that had something for both bail-out and bail-in proponents, disregarding further KRE weakness outdoing XLF, as tech continues attracting fine bid no matter what yields...

2 Minutes

Commodities

Bouncing back

News March 21, 2023 0 Comment

Share: Stock markets are bouncing back on Tuesday as some calm returns following the UBS takeover of Credit Suisse and traders look ahead to the Fed tomorrow. It’s been a wild couple...

12 Minutes

Commodities

EU and UK regulators try to set the record straight, markets on Fed watch

News March 21, 2023 0 Comment

Share: EU and UK regulators make clear that Shareholders are the first to lose in the event of failure – but the Swiss are not EU or UK members. AT1’s settles down...

3 Minutes

Commodities

Gold closes slightly down on the day after making the new high for 2023 [Video]

News March 21, 2023 0 Comment

Share: Gold higher again initially to reach 2009. There is a good chance that the gold rally just ended & we even have a potential head & shoulders on the 1 hour...

4 Minutes

Commodities

Markets stabilise as investors digest Credit Suisse takeover

News March 21, 2023 0 Comment

Share: Asian markets rose on Tuesday after Wall Street staged a rebound overnight as the historic takeover of Credit Suisse Group AG soothed concerns over the global banking sector. Switzerland’s largest bank...

3 Minutes

Commodities

Forex technical analysis and forecast: Majors, equities and commodities

News March 21, 2023 0 Comment

Share: EUR/USD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0729. At the moment, a consolidation range is forming around this level. We expect the price...

12 Minutes

Commodities

FX thoughts for the week

News March 21, 2023 0 Comment

Share: Between hikes and financial stability Four G10 central banks (Fed, SNB, Norges, BOE) meet this week amid elevated market stress. I see upside risks in NOK (vs SEK) and downside ones...

2 Minutes

Commodities

Morning Briefing

News March 21, 2023 0 Comment

Share: Good Morning! Currencies are going Long into the FOMC meeting tomorrow. Dollar Index and Euro are likely to trade in a broad sideways range over the next few days. USDCNY and...

3 Minutes

Commodities

Gold Price Forecast: XAU/USD has more room to the upside on acceptance above $2,000

News March 21, 2023 0 Comment

Share: Gold price consolidates previous losses as US Treasury bond yields look to extend recovery. US Dollar pauses its decline as a two-day US Federal Reserve meeting begins on Tuesday. US authorities...

6 Minutes

Commodities

UBS rebounds after plunging to 6-month lows in early trade

News March 20, 2023 0 Comment

Share: Europe European markets initially opened sharply lower today as investors assessed the fall-out of the weekend deal that saw UBS acquire Credit Suisse for the knockdown price of just over $3bn....