GOLD: what you should do with it right now
Gold trades slightly below $1 930. This analysis suggests what to get prepared for.
Tag - gold
Stimulus hopes remain to keep markets strong
US House Speaker Pelosi said we remain at an impasse in COVID-19 aid talks; Trump admin has called on Congress to pass a stripped-down version of the relief bill.
Will sentiment remain risk-on on Monday?
Riskier assets and gold ended last week with huge gains due to the weak US dollar’s performance. Let’s discuss what will drive the markets today.
Three scenarios for stocks after US election
Saxo Bank claimed that contested election may create the strongest political risk in over a decade, and as a result, lead to the stock’s sell-off.
The UK Economic Recovery looks to have Peaked
UK August monthly GDP comes at +2.1% vs +4.6% m/m than expected
Risk-on keeps driving the market
The US dollar keeps falling for the third day in a row, whereas riskier assets are rising. Let’s discuss the main market events and analyze the charts.
US Stimulus Talks Are Expected in the Day Ahead
US stock markets are indicated to open higher, still supported by hopes of support for the US economy after the administration’s abrupt pivot on Wednesday.
October 8: quiet market
The market is relatively quiet on comments that despite the disagreements, the UK and the EU may come to a deal on time.
Banks forecast gold will rise above $2 000
Citibank announced the bullish short- and medium-term forecasts for gold: $2 200 and $2 400. Jump in to know more!
October 7: markets reversed from yesterday's slump, caused by Trump's tweets
Trump called off stimulus talks between Democrats and Republicans. As a result, stocks and riskier currencies dropped. However, then he reiterated, claiming to fund airlines and small businesses, which improved the market sentiment. Jump in to get fresh analysis of EUR/USD, GBP/USD, S&P 500 and gold!
Tensions escalated in White House
Markets reversed from huge losses, caused by Trump’s tweets yesterday evening. Jump in to get some fresh analytics!
Market’s Euphoria Keeps Going Despite a Lack of New Stimulus
US stocks slumped after US President Trump announced that he is to walk away from COVID relief talks until after the election.
