Markets More quotes from ECB governors at the sidelines of the Sintra symposium hit the wires. Germany’s Buba president Nagel keeps his options open for July and September, citing above-target inflation through 2027 and the risk that it may trigger second-round effects. He’s not seeing them currently but it is too early to write it […]
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Gold is the asset people reach for when they stop trusting everything else. It does not pay a dividend, it does not report earnings, and it does not promise to grow. Its entire pitch is Read more…
Gold price jumped on Wednesday (up 2.2% until early US session) following another failure at strong $4000 support (metal failed to register clear break below this level in six consecutive attempts. Weaker than expected US Read more…
Brent price fell on Wednesday, after holding within narrow range in past two days, on track for eventual close below Fibo support at $73.04 (76.4% retracement of $58.70/$119.47 advance), after four consecutive failures at this Read more…