Gold's period of consolidation continues as traders look for catalysts that will push it out of its tight range. Can the yellow metal regain its lustre?
The latest downshift in global macro data is providing a not-so-subtle reminder of the pernicious effect the protracted US-China trade war is having on the worldwide economy.
Risk-off continues to linger, seemingly on the lack of good news on trade talks with China. At this stage, even date and a location for the trade would be a good thing.
The market remains long on optimism and short on the critical trade concessions but overall no worse for the wear as investors go through their daily ritual of RoRo (risk-on -risk-off).
US equities recovered well after a feeble start. Markets are struggling as investors struck a cautious chord on Monday.
US equities dropped from record highs following the Thanksgiving holiday, with the S&P 500 posting its most significant decline in seven weeks.
US President Trump has signed the Hong Kong bill into law; Trump says the measures were enacted in the hope China and HK can settle their differences.
President Trump may dominate the headlines on all fronts should he dangle any carrots regarding his much-anticipated meeting with President Xi.
Fears of further market deleveraging and stock dramas in the US merge with mutant coronavirus variants to offset some global vaccination drive results
XAUUSD reversed recent gains, as risk appetite is slowly improving. USOIL saw a sudden reversal as well, with pressure still increasing.