Global stock markets sag as SEC brings hammer down on Chinese companies
Global stock markets sag as SEC brings hammer down on Chinese companies | Fortune
Tag: Commodities
XAU/USD consolidates in a range, bullish potential intact
Gold consolidated the overnight strong gains back closer to monthly tops and oscillated in a narrow trading band, around the $1,825-30 region through the first half of the European session. … Read More
XPD/USD risk reversal teases biggest monthly drop since February
One-month risk reversal on Palladium (XPD/USD), a measure of the spread between call and put prices, is on the way to register a four-month downtrend according to data source Reuters. A … Read More
Room for extra upside near term
Open interest in gold futures markets rose by around 18.4K contracts after two consecutive daily pullbacks on Thursday considering advanced readings from CME Group. Volume, instead, resumed the downtrend and … Read More
XAU/USD defends 200-DMA break ahead of Fed’s preferred inflation gauge
Gold (XAU/USD) stays defensive around $1,830, sidelined of late, amid Friday’s Asian session. The yellow metal crossed 200-DMA for the first time since mid-July the previous day on the market’s … Read More
Silver fails to hold its bullish tone, US dollar meets support
Silver is attempting to recover but there is a long way to go until the bulls will be in the clear. The US dollar is down, but there are prospects … Read More
Overbought RSI triggers pullback around $73.00
WTI consolidates weekly gains near highest levels in 12 days. Bulls keep reigns until the quote stays beyond 200-DMA, three-week-old trend line confluence. Weekly support line adds to the downside … Read More
Global stock markets rise as Robinhood’s IPO falters
Global stock markets rise as Robinhood’s IPO falters | Fortune
WTI bulls targetting a test deeper into resistance
WTI bulls are back to the table looking for a test of the 74 areas. Demand vs supply tightness and a softer dollar is underpinning the energy complex. US West Texas Intermediate … Read More
Exports poised to see major growth in FY22: India Ratings
India Ratings & Research on Thursday said that led by strong momentum, rising import demand across India’s major export destinations and favourable global trade outlook, India’s exports are poised to … Read More