Rate Hike Expectations Commodities Tumble

Gold: Fed Rate Hike Expectations Crush Gold The yellow metal tumbled this week as the US Dollar enjoyed a resurgent rally on Fed rate hike expectations. The uptick in global growth alongside stronger inflation has seen investors taking a more bullish shift on the US Dollar, expecting that the Fed will be forced to raise rates at a quicker pace ...

2018-03-23 James Harte Read more
Most Popular Trades of 2017

Now we are well and truly into 2018, Orbex would like to have a quick recap of the Most Popular Trades of 2017. The World Bank had projected a growth rate of 2.7% for the global economy at the start of 2017, while expressing concerns about political instability in the developed economies. Developments in the US economy, which is the world’...

2018-01-18 Orbex Read more
Gold bullions

Disturbing news are coming (again!) from North Korea, and that brings back the fears of the nuclear war. North Korea launched another ballistic rocket, which flew over Japan’s airspace and fell in the ocean. Such act by North Korea has led the US, Japan, and South Korea to call for an emergency meeting of the US security council and the safe ha...

2017-08-29 Nour Eldeen Al-Hammoury Read more
Chinese gold lion

Gold has been testing the 1300 barrier since the beginning of this year, with no clear break above that resistance so far. And now is the fourth time; so here comes the big question, is it the right time for gold to break that barrier? If so, where are we heading? Interesting Weekly Close Last week, you might say that Gold failed to break...

2017-08-28 Nour Eldeen Al-Hammoury Read more
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
Silver bullion bar

Metals lost some ground at the end of last week as the US Jobs Report came in much better than expected, sending the US Dollar higher across the board and posting the biggest one-day gain since the beginning of the year. Gold lost nearly 1% since Friday, while Silver declined by more than 2.5%. However, since the beginning of the week, both met...

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

The US Dollar tumbled to the lowest level since May 2016, completing five months of consecutive declines, something we haven't seen since 2011. Despite this move and the notable decline in USD Index, Metals volatility was muted. Gold advanced slightly, while Silver managed to rise close to 1%. Even though Metals are still lagging, the opportun...

2017-08-01 Nour Eldeen Al-Hammoury Read more
Gold

Metals have been rising for the past three weeks, including this week, and reached the highest level in six weeks. There were many factors that led to such rally. However, what is important is that Gold and Silver proved that they are strong enough to continue their trend for this year. Fundamental Catalyst As said before, there are many f...

2017-07-28 Nour Eldeen Al-Hammoury Read more