WTI: Consolidates recent gains below $64.00 amid risk-off mood
WTI begins the week on a back foot amid sober sentiment. S&P 500 Futures drop
Financial and Business News
WTI begins the week on a back foot amid sober sentiment. S&P 500 Futures drop
The recent depreciation in the US dollar has helped to boost commodity prices. But while
Gold is running into a wall of resistance on the longer time frames. Bears will
Risk-on mood favors gold buyers amid downbeat US dollar, Treasury yields. Sluggish US data cools
Gold bears are testing the commitments of the bulls. Gold Weekly Forecast: XAU/USD could target 200-day
AUD/USD edged higher during the Asian session on Tuesday, though lacked any follow-through. The risk-off
Early Tuesday in Asia, Bloomberg came out with an analytical piece highlighting the jump in
China inflation figures for April arrived as follows: Consumer Price Index 0.9% YoY (vs the expected 1.0%) &
Gold buyers defend $1,830 even as Friday’s run-up pauses for fresh push to the north.
Gold bulls have eyes on a 61.8% Fibo monthly target of $1,850. Shorter-term, the bears