Tag Archive: Commodities

Chasing One’s Tail

Chasing one’s tail There’s a lot less drama to start the week but still plenty of possible noisemakers in play to keep things interesting. Global trade war tensions are on the rise again so on the heels of the latest…
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Conciliante

Investors took note of a more euro-friendly conciliatory tone after Luigi Di Maio, the leader of the Five Star Movement, called for Paolo Savona to withdraw from Economic minister’s candidacy to allow a government to be formed. And at least…
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Safety is the priority

Seldom do we suddenly fall on demise but rather, advance towards it by slight degrees. However, nothing could be further from the truth when it comes to the Euro’s disintegration over the course of the last 24 hours. Forget about…
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Gold Pushes Above $1300 on Italy Tensions

Gold has posted gains in the Tuesday session, erasing the losses seen on Monday. In the North American session, the spot price for one ounce of gold is $1303.85, up 0.44% on the day. On the release front, CB Consumer Confidence…
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Buckle in for an action-packed holiday-shortened week

Buckle in for an action-packed holiday-shortened week brimmed with essential events, none more significant than the May employment report particularly in light of the recent dovish conversation on wage growth in the May 2 FOMC minutes. A marginally firmer reading…
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Dangerous Brinkmanship

Dangerous Brinkmanship Another in the expanding history list of topsy-turvy Thursdays’ when it comes to risk as the President Gave, and the President Hath Taken Away only to leave the door open again when it comes to North Korea discussions….
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