Gold Price Tops $1,800 with Conviction – More Gains Ahead?
GOLD PRICE FORECAST: XAU/USD BREAKS ABOVE $1,800 AS BULLS DRIVE THE BID Gold price action explodes 1.7% higher as bulls make a strong push above $1,800/oz Silver prices are also… Read more »
Category: News
Doge Drops from All-Time High, Musk’s SNL Debut Up Next
DogeTalking Points: Dogecoin dropped roughly 17% after reaching an all-time high yesterday The meme-inspired cryptocurrency surged after being made available on two more platforms this week Next up for Doge… Read more »
Oil Price Rally Vulnerable Amid Failure to Test March High
Oil Price Talking Points The price of oil pulls back from a fresh monthly high ($66.76) despite a larger-than-expected contraction in US inventories, but signs of subdued supply may keep… Read more »
USDTRY Drops as Turkey Keeps Rates Unchanged, Easing Cycle Expected to Begin Soon
Key Talking Points: Turkish Central Bank leaves rates on hold at 19% Rates to remain stable until inflation falls Markets still expect an easing cycle in the next few months… Read more »
Bank of England Tapers QE, GBP/USD Jumps
GBP/USD, BOE Price Analysis & News BoE Tapers QE Purchases to GBP 3.4bln from 4.4bln, GBP Rises BoE Leaves Bank & APF Unchanged As Expected BoE Upgrades Growth, Inflation and… Read more »
Ethereum (ETHUSD) Outperforms as Bitcoin (BTCUSD) Shows Signs of Exhaustion
Key Talking Points: Ethereum rises to new all-time high Bitcoin continues to face rejection in the area surrounding the 60,000 mark Ethereum rose by 6.5% on Wednesday, reversing the losses… Read more »
Crude Oil Prices May Turn Lower From Key Chart Barrier
CRUDE OIL OUTLOOK: Crude oil prices drop despite large inventories draw as gasoline stocks rise Technical positioning warns that a Double Top may be forming near $68/bbl Thin data docket,… Read more »
Fed Speak in Drivers Seat as Jobs Report Approaches
Gold Price Forecast – Talking Points Gold prices moderating before NFP report after Yellen injected volatility Inflation expectations on the rise but Fed comes out to reinforce transitory view XAU/USD’s… Read more »
Bitcoin Rebounds Back Towards $60K, Dogecoin Continues its Upward Surge
Bitcoin, BTC/USD, Dogecoin, Elon Musk, NYDIG – Talking Points: Bitcoin prices may continue to recover lost ground in the coming days as several US banks looks to incorporate the cryptocurrency… Read more »
S&P 500 Index May Lead Nikkei 225 and ASX 200 Higher Amid Reflation Theme
S&P 500, NIKKEI 225, ASX 200 INDEX OUTLOOK: Fed, Tech, Reflation, BoE, Asia-Pacific at Open: The reflation theme appears to be back on the centerstage this week, with the technology… Read more »