The Gold Rally & Silver’s Potential | Simon Popple | Podcast
The Gold Rally & Silver’s Potential: What to Expect on this Podcast: – Gold’s remarkable rally: When will it end? – Why silver may be due for a bull run of its own – How to pick the right mining...
Bank of Canada Holds, an October Cut Still in Play
The information contained in this report has been prepared for the information of our customers by TD Bank Financial Group. The information has been drawn from sources believed to be reliable, but the accuracy or completeness of the information is...
NY Fed President John Williams says low inflation is ‘the problem of this era’
John Williams, president and chief executive officer of the Federal Reserve Bank of San Francisco, speaks at an event in Los Angeles, California on Sept. 28, 2015. Kevork Djansezian | Bloomberg | Getty Images New York Federal Reserve President John...
Yen Lower on Return of Risk Appetite, Sterling Support by Hope of No No-Deal Brexit
Yen drops broadly today, as stock markets rally on supposed easing tension in Hong Kong. After more than two months of continuing protests, Hong Kong leader Carrie Lam finally announced withdrawal of the controversial extradition bill today. HSI closed up...
US trade deficit narrows less than expected to $54 billion
Shipping containers from China and other nations are unloaded at the Long Beach Port in Los Angeles, on February 16, 2019. Mark Ralston | AFP | Getty Images The U.S. trade deficit narrowed less than expected in July as the...
EURJPY Declines Below 2017 Low, Bulls Recoup Losses
EURJPY bulls took back five days of extended losses which stretched below the 2017 low of 116.45, moving the price above the mid-Bollinger band. The momentum indicators also reflect an increase in bullish directional momentum in the very short-term. The...
Hong Kong Protests Will Continue, Lam To Withdraw Extradition Bill
After a summer filled with protests, Hong Kong leader Carrie Lam will announce the withdrawal of the Chinese extradition bill at 6pm local time. The MSCI Hong Kong Index posted its best gain since 2011 with a 5.4% surge, a...
Australian Dollar Rebounds on GDP and Services, Sterling also Recovers
Australian Dollar rebounds notably today as GDP data met market expectations while services data showed improvement. Though, upside is capped so far as RBA is still on track to another rate cut later in the year. Sterling is the second...
EUR/USD Struggling While USD/CHF Is Approaching Support
EUR/USD declined to a new multi-month low at 1.0926 and is currently correcting higher. USD/CHF is currently correcting gains, but it is approaching a few key supports near 0.9840. Important Takeaways for EUR/USD and USD/CHF The Euro is correcting higher...
There’s little evidence that money is fleeing Hong Kong amid protests, Credit Suisse and UBS say
There’s little evidence to suggest that money is being moved out of Hong Kong amid ongoing unrest in the city that has lasted for months, according to two top executives. “I can say to you that we’re seeing very little...