ForexTraders
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Green day for Asia as chip stocks rebound – Hotter AU CPI
Asia market update: Green day for Asia as chip stocks rebound; Hotter AU CPI; CN long bonds rise; Tesla +13% a/h; Focus on data and earnings through end of week. General trend - Generally positive sentiment out of US session earnings flowed into Asia with all equities markets higher, led by Kospi (+
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Silver Price Forecast: XAG/USD attracts some sellers below $27.00 amid risk-on mood
Silver price extends its downside near $26.95 on Tuesday. The easing fear of wider tensions in the Middle East improves market sentiment. Reduced Fed rate cut speculation boosts the USD and drags the white metal lower. Silver price (XAG/USD) trades on a softer note for the second consecutive day aro
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Gold prices are on fire
In case you've been living under a rock, Gold prices have been on fire, jumping 20% in just the past 2 months. That takes gold to a near-doubling since pre-pandemic, when it was meandering along at just $1500. Yesterday it closed above $2400. So if you don't own any gold, it might make sense to get
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Missed out on the Gold rally? Here's another commodity on the verge of a major boom [Video]
There is no denying that Gold is the talk of the industry right now, with the precious metal continuing to break new all-time record highs, on a consecutive weekly basis. However, according to analysts at GSC Commodity Intelligence there's another hot Commodity to watch – hailed as the “hidden gem”.
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Markets are thrown in risk-off modus on headlines of an Israeli attack on Iran
Markets After a brief correction Wednesday, core yields again turned north yesterday. US yields added between 6.2 bps (5-y) and 3 bps (30-y). The Philly Fed business outlook printed much strong than expected (15.5 from 3.2).Weekly jobless claims (212k) confirmed the narrative of a resilient US labou
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School me once: Student loan cancelation revisited
Summary New proposals from the Biden administration have brought student loan relief and its implications back into the macro discussion. In this report we (I) offer some context for student loans in the overarching category of household debt, (II) recap some of the high-level developments that have
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Silver Price Forecast: XAG/USD rises to near $28.50 on market caution
Silver price appreciates as traders adopt caution on expectations of Israel responding to Iran's attack. The decline in the US Dollar provides support to advance Silver demand. The price of the white metal could struggle as the Fed may adopt a hawkish stance on its monetary tightening. Silver price
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Pull-up Update