Gold

Equity markets were seen trading rather flat for the third consecutive day. The rally looks to be pausing for the moment as the earnings season gets underway. The declines were attributed to mostly weaker banking stocks leading the way.…
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Equity markets were mixed as both the Dow Jones and the S&P500 were slightly weaker. The exception was the Nasdaq index, which rose to fresh highs. At the Davos summit, President Trump gave a speech. He cheered on the US economy…
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The International Monetary Fund (IMF), in its latest report, trimmed global growth forecasts. For the year 2020, the IMF expects growth to rise by 3.3%. This is slightly higher in comparison to the 2.9% forecasts which grew in 2019.…
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China’s GDP for the year 2019 grew at a pace of 6.1%, according to data released last Friday. Although the pace of GDP growth remains slow, it was within the GDP target of 6.0% - 6.5% for the year. Global equity markets maintained the…
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Equities continue to remain poised to the upside due to a number of factors. The US-China trade deal brought a modest reaction. Investors expect that there is still a lot to do. Economic data from the US saw retail sales beating…
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After nearly a year since President Trump started his trade war rhetoric against China, both parties have signed a deal. The phase one of the trade deal is seen by many as a first step towards easing trade tensions between the two…
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The US dollar held onto gains as the index struggles to break out from the current highs near 97.50. Economic data from the United States saw inflation data disappointing. Headline inflation rose 0.2%, while core inflation rose just…
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Equity markets rose to post new highs on Friday. The Dow Jones index briefly broke the 29,000-mark before pulling back. Despite this, all major equity indices closed positive on the week. The payrolls report for December was soft. The…
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The US-China trade deal was once again back in focus, pushing equities to resume the rally. The gains come after China said that its vice premier will be traveling to the US to sign the phase one of the trade deal. The announcement…
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Equity markets resumed the rally following Iran’s response to the US attacks. Investors remain hopeful that the tensions will not escalate too far. This has resulted in the precious metal retreating amid a surge in risk appetite.…
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