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Category archives for commodities

Gold prices rise as the dollar falls, and US jobs data awaits

  • 07 October, 2021
  • 2:56 pm EEST

Gold prices rose, during trading today, Thursday, in light of the anticipation of the release of US jobs data, and the decline in the dollar index. Gold prices rose marginally, at the close of trading on Wednesday, with the decline…

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The dollar and equities have gotten a relief, while oil has surged.

  • 05 October, 2021
  • 3:14 pm EEST

Markets: NZD leads, JPY lags on the day European equities higher; S&P 500 futures up 0.5% US 10-year yields up 1.7 bps to 1.498% Gold down 0.8% to $1,756.43 WTI up 1.0% to $78.40 Bitcoin up 2.0% to $49,950 European…

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Gold prices fall ahead of US jobs data

  • 05 October, 2021
  • 12:09 pm EEST

Gold prices fell during trading today, Tuesday, with the rise in the price of the dollar, which benefited from the weak risk sentiment. This comes amid expectations that bullion will witness volatile trade in the run-up to the US jobs…

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Is the Fed’s QE still working?

  • 01 October, 2021
  • 1:34 pm EEST

While the Fed reaffirms its commitment to full employment, some economists wonder how effective its bond purchase programme and low yields are in boosting the real economy right now. “At the beginning of the pandemic crisis, quantitative easing (QE) had…

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European Forex news roundup: the dollar remains stable, as equities make a little advance.

  • 30 September, 2021
  • 4:43 pm EEST

European Forex news roundup: the dollar remains stable, as equities make a little advance. Forex market headlines from the European trade session on September 30, 2021 The European session saw some minor pushing and pulling as the focus today is…

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