Gold breaks the March lows
Gold has cracked the March low.The spike low early in the war was $4097 and we've just broken through it. That puts gold back where it was in late November…
Crude oil futures settles at $90.03, up $1.83 or 2.07%
The price of crude oil moved higher in trading today with a gain of $1.83 or 2.07% at $90.03. The high price extended to $91.84 help by geopolitical news out…
“More than 100 million barrels of Oil moved through Strait of Hormuz”: US President Trump briefs on Hormuz
United States (US) President Donald Trump said on Tuesday that a secret US military operation helped secure commercial shipping through the Strait of Hormuz, allowing more than 100 million barrels…
Three Indian seafarers missing after US strike on tanker off Oman
Three Indian seafarers missing after US strike on tanker off Oman Source link
Gold is down over 3% and looks to test the March low
Gold extended its decline today after breaking below its 200-day moving average yesterday, a key technical development. The 200-day moving average currently sits at $4,415.51, and the break marked the…
Silver is back below its 200 day MA setting the MA as a new risk/bias defining level
When the price of any traded asset breaks below a key technical level, it typically shifts the bias in the direction of the break and turns that level into an…
Bank of Canada Holds, Signals Balancing Risks from Oil Prices and Trade
TD Bank Financial Grouphttp://www.td.com/economics/The information contained in this report has been prepared for the information of our customers by TD Bank Financial Group. The information has been drawn from sources…
Silver price nears two-month low as Fed hike bets cap XAG/USD
Silver (XAG/USD) remains under pressure on Wednesday and trades around $64.70 at the time of writing, down 1.02% on the day. The white metal is attempting to stabilize after hitting…
Denmark: Core inflation rise as headline stays below Euro area – Nordea
Nordea’s Jan Størup Nielsen notes that Danish consumer prices rose 1.9% year-over-year in May, with core inflation at 2.1%, its highest level since the start of 2024. Monthly inflation was…
The major indices are lower but well off premarket low levels
The major U.S. stock indices are trading lower on the day, but all have recovered from their post-CPI lows after the inflation report came in largely as expected and, importantly,…
