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Gold does it again as the metal falls despite lower US yields
Well, that rather confounding move noted here earlier today in Gold has now seen the metal slide to fresh session lows, even after the US JOLTS data has sent US yields lower again. The 2 Year note yield is now south of 4.80%, but it is not helping the metal. In fact Gold is right now falling to below $2,320. Perhaps one reason for that might be a rebound in US stocks that now sees the Dow Jones move into positive territory? Well, if that is the reason, it can surely be the only one out there just now. Gold is currently trading at $2,317.50 and any move below 2,314 might yet hunt out stops.We shall see
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Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
