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US Dollar value and Fed policies, the main gold price drivers
The gold market is looking upChinese economic growth is one of the main engines of world economic growth. China's industrial activities from January till November fell more than expected, reducing China's GDP to just 3% growth in the first three quar...
Kuroda reversed BoJ gains!
BoJ is not withdrawing its massive stimulus program anytime soon! While after last week's BoJ meeting, market participants and investors started speculating about reducing the central bank's support level, in his Monday speech, Kuroda mentioned...
How Covid concerns in China are serious?
The peak will come within a week, but we are optimistic about the Yuan.After intense pressure from society and labor activists, the Chinese government shifted from its zero-Covid policy. It eased pandemic restrictions—that led china to a massive spik...
The weather forecast sent the gas price under 5 US Dollars.
Natural gas is at a 2-month low, but lower prices need more reasons.As always, the leading price changer for every commodity is its demand. While most of the weather forecast was about the wave of cold winter, especially in the first days of 2023, th...
DXY above 104-Marke, Stocks are falling.
Mixed economic data increase tensions.On Thursday, the number of Americans applying for unemployment insurance (Initial Jobless Claims) grew by less than expected during the week that ended on December 17. According to data from the Labor Department,...