After saving a point for Arsenal against Manchester United, David Raya departed Old Trafford with the appreciation of his colleagues and manager Mikel Arteta. It was easy to forget that the goalie at the opposite end of the field had contributed to United’s 1-1 draw in an enthralling match on Sunday, during the chaos surrounding …
Emerging market (EM) demand for gold provided not only a ballast to lacklustre developed market (DM) activity but also helped drive gold prices to record highs. Central bank demand, primarily from EM institutions, was a significant contributor: we estimate this added up to 15% to gold’s annual performance Bond yields, despite hitting a 15-year high …
Gold Market Commentary: Gold hit new highs in 2023 قراءة المزيد »
At the outset of the trading week, gold prices continue their upward trajectory, nearing the resistance level of $2182 per ounce amidst holiday-shortened sessions. This ascent brings them in close proximity to the psychological barrier of $2200 per ounce, reflecting resilience in the face of market dynamics. Gold Analysis Today 26/3: Geopolitical Tensions Amidst geopolitical …
Boosting Returns: The Impact of Exchange Rates on U.S. Investors قراءة المزيد »
The US Dollar (USD) adds gains, which probably will be used by US Dollar bulls as a buffer ahead of the data points later this week, in an attempt to defend that 104.00 level in the US Dollar Index (DXY). Markets are not really seeing a main driver for the turnaround, so this move should …
US Dollar extends gains ahead of US GDP and PCE data later this week قراءة المزيد »
On Tuesday, the Euro extended its gains, buoyed by a slight weakness in the US Dollar, seemingly indifferent to Germany’s shaky consumer confidence data, a significant indicator for the Eurozone’s economy. Consumer Confidence Data from Germany The monthly survey conducted by market research leader GfK revealed a headline confidence index of minus 27.4, slightly better …
