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XAUUSD Commodity Elliott Wave Technical Analysis
Article By:
Peter Mathers
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Friday, May 3, 2024 8:13 AM EDT
Gold’s price trajectory stands as a resolute testament to bullish sentiment, with a clear resurgence in the long-term uptrend since its nadir in September 2024, bottoming out at 1616.
In this article: GLD
The Commodities Feed - European Gas Rallies
Article By:
ING Economics
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Friday, May 3, 2024 7:11 AM EDT
European natural gas prices rallied yesterday despite comfortable storage and a bearish outlook. The move higher in crude oil was more modest, after several bearish developments over the week
Gold Commentary - Friday, May 3
Article By:
James Harte
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Friday, May 3, 2024 6:29 AM EDT
Gold prices are trading a little softer on Friday as traders brace for the latest set of US labour market readings. The last three months’ worth of NFP results have each surprised to the upside, keeping USD well bid consequently.
In this article: GLD
Daily Market Outlook - Friday, May 3
Article By:
Patrick Munnelly
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Friday, May 3, 2024 5:43 AM EDT
The main focus this week has been on the US as markets anticipate signals for when the Federal Reserve will cut interest rates. Today, there is a busy US data calendar, with the labor market report being a key signal of economic conditions.
Softs Report - Thursday, May 2
Article By:
Jack Scoville
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Thursday, May 2, 2024 12:50 PM EDT
FCOJ closed higher and held the trading range once again. Reports of tight supplies are around.
In this article: CANE
WTI Crude Oil Commodity Elliott Wave Technical Analysis
Article By:
Peter Mathers
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Thursday, May 2, 2024 6:49 AM EDT
WTI Crude Oil Commodity Elliott wave Technical analysis
Market Fluctuates Amid Fed Decision And Mixed Corporate Earnings And Economic Signals
Article By:
The Private Banker
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Thursday, May 2, 2024 6:30 AM EDT
The U.S. stock markets exhibited mixed responses on Wednesday as investors navigated through a complex landscape of disappointing corporate earnings and a slew of economic data.
In-Depth Analysis Of Current Economic Indicators And Interest Rate Projections
Article By:
The Private Banker
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Thursday, May 2, 2024 5:23 AM EDT
Interest rate futures, as captured, indicate minimal expectation for rate cuts within the year, reflecting a market adaptation to an extended period of higher rates.
Coffee Commodity Elliott Wave Technical Analysis
Article By:
Peter Mathers
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Wednesday, May 1, 2024 7:25 AM EDT
Wave B is still in progress. It looks to be in the last leg for a zigzag structure. The decline could continue to 207-to-199 before returning upside for wave C.
Copper Prices Retreat From Two-Year High Of $10,208 A Ton Amid Cautious Chinese Demand
Article By:
Invezz
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Wednesday, May 1, 2024 5:53 AM EDT
Despite a brief surge that saw copper reach a two-year high of $10,208. Despite a brief surge that saw copper reach a two-year high of $10,208, prices dropped to $10,100.50. Investors remain bullish on copper's long-term demand prospects.
In this article: COPX
FX Daily: DXY Closing In On Year’s High Ahead Of Fed
Article By:
ING Economics
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Wednesday, May 1, 2024 3:48 AM EDT
The relentless stream of above-expected US inflation data continues. Yesterday it was the turn of the Employment Cost Index to surprise on the upside. Higher US rates have sent one measure of the trade-weighted dollar - the DXY - to the year’s high.
Softs Report - Tuesday, April 30
Article By:
Jack Scoville
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Tuesday, April 30, 2024 1:38 PM EDT
Cotton was a little higher yesterday in sideways trading. Demand remains a problem.
In this article: CANE