Gold

It’s been another solid week for the precious metal. Gold has broken higher into levels not seen since early 2013. However, there has been some volatility. Earlier in the week, prices crashed lower from testing the long term 1522.75… Read More

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

USD Softer The US dollar has had a softer start to the penultimate European session of the week. USD index trades 97.76 last, down slightly from the recent 97.91 highs. Stronger than expected CPI data lifted USD earlier in the week though… 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