Market News
Gold “Bulls” wait for a break of $1600
03-03-2020 06:56
Following the previous day’s shock, gold price has rebounded due to the expectations that the major global central banks will introduce the policy easing.
The price of gold rose modestly in European trading on Tuesday, but it seems difficult to break $1600 level, a key resistance. Some of the investors believe that it may still be blocked.
US stocks rebounded strongly on Monday as the market expect that central banks will take action throughout the year.
Improved risk sentiment, rebound in U.S. Treasury yields, and modest rise of the U.S. dollar dampen its gain.
Popular posts
04-02-2022 09:04
Monetary Policy ECB Shakes Currency Markets
04-02-2021 10:47
Speculation? WSB beat hedge funds in GME battle
03-02-2022 07:15
Soros Warns Xi Jinping, Will He Resign?
03-02-2022 08:30
Revenue Not Matching Expectations, Facebook Shares Drop 20%
17-02-2021 10:43
Dollar bounced! Investor are keeping eyes on inflation risk
28-01-2021 09:30
Risk aversion? Stock markets were wiped out gains
Most Recent
04-02-2022 09:04
Monetary Policy ECB Shakes Currency Markets
03-02-2022 08:30
Revenue Not Matching Expectations, Facebook Shares Drop 20%
03-02-2022 07:15
Soros Warns Xi Jinping, Will He Resign?
31-01-2022 09:38
China Finds NeoCov, More Deadly Than Delta?
28-01-2022 08:50
Watch out for WWIII, Russia Weapons Put Europe in Danger
See all posts