Tag: COBRE
Precious Metals Prices After the Fed Rate Cut
Gold price surge fuelled by macro forces
The macroeconomic backdrop suggests that central banks are preparing to ease monetary policy further, due to weakening consumer...
Commodity Review: 18 – 22 December 2023
Gold and Silver prices ended slightly lower on Friday (15/12). Friday's strengthening US Dollar weighed on metal prices. In addition, hawkish comments from New...
Copper: Metal Commodities Under Pressure
USDIndex gained +0.27% and posted a 1-month high. Higher T-note yields on Wednesday supported modest gains in the Dollar. In addition, the S&P 500's...
Copper rebounds as China reopens
Yesterday, the price of Copper rebounded strongly with an increase of 5.24% thanks to the recovery by China after ending the 2-month lockdowns due...
Gold jumps higher, but obstacles stand in the way
The long-term tone of optimism for global economic growth and recovery was echoed by UBS Group AG warning investors to rethink their gold bullion...
Market Update – August 6 – USD Firmer on Jobs Day
Market News Today – USD (USDIndex 92.35) & Yields (10yr 1.237%) both higher today ahead of NFP. Weekly claims were in-line (385K). Equities rallied...
