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Gold on the rebound again so far today as geopolitical pressure remains in place
Following an earlier update here, Gold has now made some progress. As noted earlier, it was a bit of head-scratcher as to why it has fallen back to a low at $2,267.87 during the Asian session. Well, it is of course not down there right now and short while ago it rebounded to a session high, at $2,296.17. That rebound comes even as US yields edge a bit higher this morning. Of course last night those US yields fell back quite sharply as a rush of hot money headed back into the perceived safety of US bonds. The US jobs report could have an impact on how gold trades this afternoon, but much depends on what emerges from that report, assuming it is not just a passing impact too. Gold is currently trading at $2,294.40
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A note about Quick News updates this afternoon as the DAX rejects first attempt at 22k
Earlier an update here noted the surge in the DAX and the prospect, or possibility that it might test the 22k handle. Well, in the event it stalled... -
Is Tump playing the fool or just playing the markets? Dow Jones futures eyeing yet more gains
Before we get to the crux of this update let it be stated; that no one is being accused of anything and this is just a conscientious observers take on... -
US PMI data could be telling this afternoon- S+P 500 close to session highs
So, we have had a whole host of PMI data from Europe this morning and later this afternoon, at 1.45pm GMT we will get the equivalent data from the US...
