Gold Gold prices bounced back from 2-month lows during early Wednesday trading. The price of the precious metal is suffering due to its inverted correlation with the US dollar, which is currently hovering close to a 2 decade high reached earlier in the week. With US inflation data for April expected later today, there may…
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European Shares European markets ticked higher on Tuesday, paring some of yesterday’s losses following technical rebounds over major support levels, while investors await new macro developments. Cross asset trading continues this week as traders keep adjusting their exposure between key negatively correlated markets such as Treasuries, Stocks and the US Dollar. Market sentiment remains generally…
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Gold Gold prices remain under pressure during early Tuesday trading, close to the multi-week minimums reached during the previous session. Despite the precious metal’s role as a hedge against inflation and haven during times of geopolitical instability - two factors that remain very much in the picture - gold prices remain subdued as the dollar…
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Gold Gold prices are flat during early European trading, following Tuesday’s rise which reached the highest level since mid-March. Gold’s gains came as US yields eased down, following the release of US inflation data, which despite reaching a fresh 40-year high, also gave signs that it may have peaked. The markets have been pricing-in the…
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European shares Stock benchmarks opened without clear direction while market volatility was on the rise on Monday as investors digested a batch of mixed economic news from different regions. Despite positive CPI data that topped estimates in China overnight, the Asian trading session was marked by lingering worries regarding the Covid resurgence in the area…
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European shares European shares climbed on Friday, alongside US Futures contracts, paring some of Thursday’s losses as market sentiment improved for the last trading session of the week. All European benchmarks were in the green on Friday morning, with the best performances brought by Athens, Milan, and Paris, mostly due to energy shares as investors…
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Gold Gold prices are almost flat during early Thursday trading, remaining within the same narrow range of the last few weeks. The value of the precious metal has been determined by the countering forces of, on one side, the geopolitical risk generated by the war in Ukraine, which enhances gold’s haven appeal, and the increasingly…
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European shares European markets traded mixed after gains in Frankfurt, Madrid and Copenhagen offset losses in Milan, London and Paris as investors struggle to assess the impact of different major market drivers. Risk appetite remains resilient as technical supports are preventing stock benchmarks from drifting even lower while cash continues to rotate from safety to…
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Gold Gold prices barely changed during early Thursday trading. The price has remained within a relatively narrow range over the last two weeks, caught between the demand generated by its haven appeal and hedge against inflation, on one side, and the selling pressures generated by rising interest rates and yields, which make the non-yielding gold…
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European Shares Stocks slid lower in Europe on Wednesday, snapping a 3threeday rally, as investors still need further confirmation of the recent progress towards reducing hostilities in the war in Ukraine. The optimistic talks between Moscow and Kyiv have significantly sustained market sentiment and appetite for risk since the beginning of the week. President Putin…
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