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Gold Prices May Break 2021 Floor As Fed Policy Speculation Heats Up
Article By:
Ilya Spivak
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Monday, August 9, 2021 5:45 AM EDT
Gold prices plunged after July’s stronger-than-expected US jobs report stoked Fed stimulus withdrawal bets.
In this article: GLD
Why Work-At-Home Darkens America's Future
Article By:
Global Economic Intersection
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Monday, August 9, 2021 5:39 AM EDT
It's painfully obvious that the U.S. economy, most particularly the colossally large paper-shuffling sector, no longer needs skyscrapers to conduct business.
GBP/USD Price Lacking Steam To Combat Bears Under 1.3910
Article By:
Yohay Elam
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Monday, August 9, 2021 5:27 AM EDT
The GBP/USD price has bounced from an eight-day low of around 1.3870 ahead of the London opening on Monday.
Jobs Report Signals Fed’s Tapering Is Near
Article By:
Fullerton Markets
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Monday, August 9, 2021 5:22 AM EDT
The jobs data beat expectations last week, which led to both gold and silver selling off into the close. This morning we are seeing the overhang of that as perhaps those traders, who are a bit late to the party, are panic selling.
FTSE 100 Forecast: Testing Crossroads Of Resistance
Article By:
Christopher Lewis
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Monday, August 9, 2021 5:15 AM EDT
The FTSE 100 Index fluctuated during the trading session on Friday as we saw a lot of choppy behavior in general. Ultimately, the 7100 level above continues to be an area of interest.
South Korea Stock: Hyundai Department Store
Article By:
Andrew Stotz
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Monday, August 9, 2021 5:05 AM EDT
Hyundai Department Store Company Limited is one of three major department store chains in Korea. The company provides high-end clothing, fashion products and accessories, home furnishings, and food at its department stores.
US Jobs Report Gives Buck Another Jolt
Video By:
LMAX Group
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Monday, August 9, 2021 5:00 AM EDT
We come into the new week with the US Dollar still doing a good job generating bids, with the latest round of demand coming in the aftermath of last Friday’s well-received US jobs report data.
Two Trades To Watch: FTSE, Gold - Monday, Aug. 9
Article By:
Fiona Cincotta
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Monday, August 9, 2021 4:55 AM EDT
FTSE set for softer start as oil prices tumble. Gold plunges post NFP, US CPI in focus this week.
Gold Market (XAU/USD) Technical Analysis
Video By:
Peter Mathers
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Monday, August 9, 2021 4:46 AM EDT
US Spot Gold crash/capitulation just may be the low for gold, we now need to wait and see if we can build a bullish case up off the current low in terms of Elliott wave that is impulse waves rather than corrective waves.
Gold Flash Crash: What Happened And Where Next For Gold?
Article By:
DailyFX
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Monday, August 9, 2021 4:38 AM EDT
An exciting start to the week as Gold tumbles 4.5% at the Asia open, before bouncing 3.6% off the lows into the European open. The move overnight had been a continuation from the last week in response to the very strong NFP report.
In this article: GLD
Germany: Exports Still Unaffected By Supply Chain Frictions
Article By:
Carsten Brzeski
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Monday, August 9, 2021 4:34 AM EDT
Exports continue the impressive recovery and have finally returned to pre-crisis level.
Goldman Slashes China GDP On Delta Spread, Warns Of Inflation Spike Risk On "Supply-Chain Spillovers"
Article By:
Tyler Durden
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Monday, August 9, 2021 4:28 AM EDT
While the rest of the developed world is scrambling to reverse the most recent spike in covid cases, attention is increasingly turning to China where the current Delta variant-driven outbreak has affected more regions than the winter resurgence.
Gold Plunges To 4-Month Trough On Robust U.S. Jobs Data
Article By:
The Gold Analyst
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Monday, August 9, 2021 4:18 AM EDT
Gold prices dropped by 4.4% on Monday as a strong U.S. employment growth in July. The robust jobs data raised concerns that the Federal Reserve might raise interest rates sooner than expected.
In this article: GLD