Category: Finance

ECB agrees to act in December, will recalibrate effective instruments

According to the ECB minutes, based on observations, overall inflation is now expected to remain in negative territory longer than…

Gold range shaking, crude oil bullish momentum?

Gold range shaking, crude oil bullish momentum?

Global Overview Tesla Files for Recall of Over 9,000 Vehicles for Safety Hazards According to the U.S. Transportation Safety Administration,…

U.S. Personal Spending Increases for Six Months in October

New data show that personal spending growth, which contributes more than two-thirds of U.S. GDP, continues to grow, but personal…

OPEC may be inclined to extend production cut deal by three months

On Wednesday, November 25, international oil prices continued to rise, hitting a nine-month high since late February of this year….

The risk is gradually receding, and the gold short-selling party continues.

The risk is gradually receding, and the gold short-selling party continues.

[Market Review] The price of gold plummeted $30 during the day. Likewise, these two factors have weakened gold’s safe-haven appeal,…

Are vaccines actually a boon to gold prices?

On Tuesday, as risk sentiment rose and the dollar rallied, the price of gold fell sharply, hitting lows not seen…

U.S., cloth and oil rose more than 4% on the day

Over the past month, the two oils have rebounded rapidly. Tuesday U.S. trading, the United States and cloth two oil…

Gold short positions broke through important support

Gold short positions broke through important support

[Market Review] U.S. economic data is beautiful. The preliminary Markit manufacturing PMI rose to 56.7 in November, the highest since…

U.S. PMI preliminary value hits multi-year high in November, gold dives

At 22:45 Monday, the preliminary November Markit Manufacturing PMI recorded 56.7, beating expectations of 53, the previous value of 53.4;…