After the breakout to new highs, gold has hit a wall, and our client flow is more and more concentrated on positioning for short-term downside. There...
The DXY has been steadily losing ground, posting its third straight week of declines and is now dipping below the 102 level. Given that we haven’t...
Gold holds above $2,500 an ounce after touching $2,510 in the first moments of this week’s trading, while still down 0.15%. COMEX gold futures also touched...
On Sunday the Asian oil market experienced a significant decline, with Brent crude trading at $79.55 per barrel and West Texas Intermediate (WTI) at $76.52 per...
Gold touched $2,500 an ounce for the first time in history in spot trading, while COMEX futures reached $2,538. Gold’s gains on Friday come as more...
The highly anticipated July US CPI, retail sales, and the latest jobless claims didn’t steer gold into a definitive trend, with prices still consolidating above $2,430....
The British Pound reacted positively to the UK’s GDP figures released earlier today. The economy grew by 0.6% in the second quarter, following a 0.7% rise...
UK GDP showed no growth month-on-month in June, following 0.4% growth in May, with quarterly growth of 0.6%. The monthly result reflects a modest fall in services output,...
Crude prices benefited from a large, unexpected drop in U.S. oil stockpiles and softer inflation data. Softer producer price index data heightened expectations for a September...
The Japanese yen has pared recent gains following a rebound in riskier assets, spurred by unexpectedly mild US Producer Price Index (PPI) data. This data supports...
This morning’s UK inflation data showed an unsurprising uptick in headline inflation in June, with CPI rising to 2.2% YoY, back above the BoE’s 2% target,...
The US dollar could remain under pressure following the release of the Producer Price Index as traders monitor the direction of inflation. Data showed an increase...