Gold

The monthly retail sales report from the United States showed another month of solid consumer spending at retail outlets. Official data showed that headline retail sales rose 0.2% on the month while core retail sales jumped 1.0%. The… Read More

Risk appetite waned on Wednesday after the 10-year treasury yields fell below the 2-year treasury yields. The inverted yield curve set off panic among investors. As a result, they rushed to safe-haven assets. This came just a day after the… Read More

Equity markets got a boost on Tuesday after news emerged that the Trump administration was delaying the tariffs on some Chinese products until December this year. The Washington administration also cut down on the items that were to face… Read More

A lack of any clear fundamentals over the day on Monday, saw investors staying cautious. The major narrative of trade wars and risk aversion kept equity markets in check. Some of the major US equity indices closed in the red, while… Read More

Gold It has been a big week for the yellow metal which exploded to trade its highest levels since 2010. The move was driven by the deterioration in the relationship between the US and China which took a further turn for the worse over the… Read More

Equity markets led a strong recovery following strong declines just earlier this week. This came after investors managed to digest the developments involving the US-China trade spat. However, investor sentiment still remains cautious,… Read More

The US President Donald Trump shifted gears as he hit out on the Federal Reserve Bank. His comments came on the back of various central banks including New Zealand that cut interest rates. Accusing the Fed of incompetence, Trump said that… Read More

A day after equities plunged and the yields on the treasury bonds fell sharply, there was some sense of normalcy. Major equity indices managed to post a modest recovery following the sharp sell-off. However, it is unlikely that the clouds… Read More