Gold, XAU/USD, US Dollar, Treasury Yields, Israel, Federal Reserve, GVZ Index – Talking Points The gold price appears comfortable above US$ going into Wednesday’s trading session Treasury yields are after making new highs again but gold appears unfazed by it The US Dollar has been choppy despite global uncertainty. Will XAU/USD remain bid? Recommended by
Article by IG Senior Market Analyst Axel Rudolph FTSE100, DAX 40, S&P 500 Analysis and Charts FTSE 100 recovery underway The FTSE 100 is recovering from this week’s low at 7,369 amid rising oil and commodity prices and as the governor of the Bank of England (BoE), Andrew Bailey cast doubt on the need for
It is widely believed, not without reason, that the task of Lagarde and the ECB is far more difficult than that of her counterpart across the ocean. The PMI data of a few days ago showed grim future prospects, not just for manufacturing which we are used to by now. The leading data on services
© © Reuters. Javier Milei em Buenos Aires 13/8/2023 REUTERS/Stringer Investing.com – The faces a tough road ahead, ING warned Tuesday, as the recent shock primary election victory for Argentina’s far-right presidential candidate Javier Milei throws the country’s political and economic future into doubt. Far-right libertarian economist Javier Milei, who wants to scrap wants to
As bond markets puked yesterday, it validated the drop in gold this week amid a firmer dollar as well. Gold may be up 0.3% today (at least for now) but is still down 1.3% on the week and set for its worst performance since mid-June. Looking at the chart: Gold (XAU/USD) daily chart The rally
