Gold

Precious metals have been rising for the past few weeks on the back of multiple factors, including a notable rise in the geopolitical tensions around the world, especially those between North Korea, Venezuela, and the US. It has been a bumpy ride for the past few weeks. However, it seems that the momentum is still here for a possible breakout. ...

2017-08-24 Nour Eldeen Al-Hammoury Read more
Gold prices

It has been a bumpy ride for metals over the past few weeks. However, the general momentum remains positive on most time frames. Yet, metals need more catalysts to clear the way for further gains this year. Otherwise, they are going nowhere. The Fed Saved The Day Yesterday, metals were at this week’s lows right before the Federal Reserve’s...

2017-08-17 Nour Eldeen Al-Hammoury Read more
Qatar_Crude Oil_0607

In the past two weeks, tensions were rising significantly between Qatar and some Arab countries, mostly GCC countries. The Arab countries including Saudi Arabia, UAE, Bahrain, and Egypt issued an ultimatum to Qatar, giving 10 days to react to these demands. Otherwise, threatened Saudi Arabia,  things will escalate further. Qatar did not respon...

2017-07-26 Nour Eldeen Al-Hammoury Read more
precious metals

Metals have been declining for the past two weeks after Gold and Silver failed to stabilize near this year’s high. Gold lost more than $40 in the last 10 trading days, while Silver is now trading below 16.50. The notable decline in metals came due to many factors, fundamentally and technically, while both remain bullish. However, Gold is likely...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Gold

Last week, metals continued to rise further, Gold managed to post a new high of the year, while Silver underperformed Gold and remained far from this year’s high. However, notable rally in Gold did not last. Gold took a nosedive over the past few sessions, losing around $30 in few days, declining all the way back from this year’s high to $1260 ...

2017-07-26 Nour Eldeen Al-Hammoury Read more
FBI_Comey_Trump_0806

All eyes will turn today towards the US once again to see a political event everyone has been waiting for. At 10:00 a.m. Eastern time, James B. Comey, the former FBI director will testify in front of the Senate Intelligence Committee, and millions of Americans are likely to pause what they are doing and watch this testimony. Financial Aspect...

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

Image via tua ulamac For the past few weeks, the political situation has been deteriorating in the US especially after the termination of the FBI Director James B. Comey. The global equities took a hit for a few days but recovered once again, and we are now approaching new record highs across the board. However, things are about to change and...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Trump_Saudi Arabia_2205

For the past few days, Donald Trump made history once again, as he signed the single largest arms deal in the US history. Such deal comes amid global geopolitical uncertainty whether in the region or abroad, including the tensions with North Korea. However, Trump’s decisions and the deals that were signed in Saudi Arabia showed a clear sign of ...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Gold_Precious Metals

Both Gold and Silver had a bumpy ride since the beginning of the year. The past two weeks, both metals lost their steam and broke through this year’s uptrend line. However, I was confident that despite recent declines, both metals would rebound (of course, not because I knew about the political situation in the US in advance), because these met...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Le Pen Eurozone economics_0501

The first quarter of 2017 in the Eurozone will be marked by political changes that will cloud the European economic outlook. Major changes can be expected with the big question on whether the already fragile economic growth and the European Central Bank’s stimulus programs will be overtaken by populist politics that could threaten to break up th...

2017-01-05 John Benjamin Read more