Commodities_Metals crash_1606

Copper: Alternative Demand to Offset China Weakness? After surging higher last week, Copper prices fell sharply lower this week as the US Federal Reserve raised rates for the second time this year. Citing strong economic growth and labour market conditions, the Fed raised rates a further 0.25% to take the federal funds rate to 1% - 1.25%, its h...

2017-07-26 James Harte Read more
Gold

As noted in our previous report last week, we warned that Gold and Silver are very close to sparking a correction to the downside, after few weeks of significant gains. Gold and Silver posted a new high for this year, reaching the highest level since October of last year, and tested major resistance areas, which showed some selling pressure ahe...

2017-07-26 Nour Eldeen Al-Hammoury Read more
French Election_Gold_2104

Summary: Election campaigning to end on Friday, April 21st mid-night Radio/TV silence to be maintained from Friday onwards Polling stations to open at 8 AM on Sunday, will close by 8 PM Initial results to be announced by 8 PM although counting of votes will continue The top two candidates will face off in the second round vote...

2017-07-26 John Benjamin Read more
Gold traders_French elections_2803

With the FOMC rate hike done with and the Dutch elections passing off with any surprises, the pathway to the first round of French elections, due on April 23 is starting to get increasingly clear. With nearly four weeks left into what could be a nail-biting event that will have widespread impact, the precious metal gold will no doubt take cente...

2017-03-28 John Benjamin Read more