XAU/USD To Gain on Dovish Fed Speeches

XAU/USD To Gain on Dovish Fed Speeches

2021-06-22

  Key Talking Points: Gold acts as a hedge for central bank inaction XAU/USD nearing key area of support Gold (XAU/USD) has been unable to hold bullish momentum going into Tuesday’s session after recovering from the worst drop since August 2020 last week. The Fed’s acknowledgment regarding inflationary pressures hasRead More →

Asian markets gain after record highs on Wall Street

2019-12-16

Asian shares rose Tuesday following a rally on Wall Street that sent the major indexes to record highs, cheered by surprisingly strong economic reports out of China. Japan’s benchmark Nikkei 225 NIK, +0.48%   added 0.5% in early trading. South Korea’s Kospi 180721, +1.01%   gained 1.1%. Hong Kong’s HangRead More →

Asian markets gain as trade tensions ease further

2019-09-12

Asian markets rose in early trading Friday following signs of hope for a thaw in the trade war between the U.S. and China. The Wall Street Journal reported Thursday that China was seeking to narrow the scope of upcoming trade negotiations, hoping to resolve some key issues and break theRead More →

Asian markets mostly gain as trade tensions ease

2019-09-11

Asian markets were mostly up in early trading Thursday as trade-war tensions eased after President Donald Trump announced a two-week delay in implementing tariff hikes against $250 billion in Chinese goods. In a pair of tweets late Wednesday, Trump said the tariff hikes, which had been scheduled to take effectRead More →

Asian markets gain ahead of ECB meeting

2019-09-10

Asian markets mostly gained in early trading Wednesday, ahead of expected further monetary easing by the European Central Bank. The ECB is expected to take rates even deeper into negative territory at its Thursday meeting. Policy makers have indicated the ECB could introduce a tiered system of deposits, which wouldRead More →