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Gold Hits New Record High
Article By:
Andrey Goilov
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Monday, May 20, 2024 8:52 AM EDT
On Monday, a troy ounce of gold set a new price peak of 3438.00 USD.
Summer Driving Season Is Late This Year- Signal Or Noise?
Article By:
Lance Roberts
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Monday, May 20, 2024 8:40 AM EDT
Summer driving season, lasting from Memorial Day to Labor Day is fast approaching. Typically, during driving season, U.S. motor gasoline consumption is 400,000 barrels/day above the average for spring and fall.
Chart Of The Day: Costamare - Problems On The High Seas
Article By:
Jim Van Meerten
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Monday, May 20, 2024 8:27 AM EDT
Costamare Inc. owns and operates containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargo worldwide.
In this article: CMRE
Bitcoin Commentary - Monday, May 20
Article By:
James Harte
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Monday, May 20, 2024 8:15 AM EDT
Bitcoin prices are starting the week in the green with BTC futures lightly bid.
In this article: BITCOMP
GBP/USD Forecast: Rallies Toward Resistance
Article By:
Christopher Lewis
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Monday, May 20, 2024 8:05 AM EDT
The GBP has pulled back just a bit during the early hours on Friday, only to turn around and show signs of strength again. The 1.27 level is an area that we are threatening, and of course we have seen a lot of resistance, all things being equal.
Elliott Wave Technical Forecast: Unlocking ASX Trading Success: Newmont Corporation
Article By:
Peter Mathers
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Monday, May 20, 2024 8:02 AM EDT
The analysis aims to provide readers with insights into the current market trends and how to capitalize on them effectively.
BoE's Broadbent: Possible Bank Rate Cut Could Come This Summer
Article By:
FXStreet
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Monday, May 20, 2024 7:52 AM EDT
"If things continue to evolve with its forecasts - forecasts that suggest policy will have to become less restrictive at some point - then it's possible Bank Rate could be cut some time over the summer," Broadbent noted.
In this article: FXB
Copper Roars, Gold Soars To Record Highs As Metals Hit "History-Making Mode"
Article By:
Tyler Durden
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Monday, May 20, 2024 7:37 AM EDT
While oil remains oddly muted amid yet another middle-eastern shock, the same cannot be said for various precious metals and commodities which are soaring to start the week.
Commodities’ Performance Lead Widens Over Markets In 2024
Article By:
James Picerno
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Monday, May 20, 2024 7:26 AM EDT
Last week’s strong rally in commodities expanded the performance lead for the asset class over the rest of global markets, based on a set of ETFs through Friday’s close, May 17.
In this article: GCC
Crocodile Tears
Article By:
Angry Bear
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Monday, May 20, 2024 7:16 AM EDT
Numerous Americans have found themselves ensnared in analogous predicaments while seeking medical attention. The opacity surrounding healthcare pricing makes it difficult for patients to ascertain the cost of their care upfront.
Low Volatility Is Bullish – Ignore The Lazy
Article By:
Paul Schatz
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Monday, May 20, 2024 7:12 AM EDT
Volatility Index looks like it made a new two-year closing low on Friday. The lazy and uninformed will spin this as something negative.
In this article: VIX
Forex Today: Gold, Silver, Copper Rise To Fresh Highs
Article By:
Adam Lemon
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Monday, May 20, 2024 7:06 AM EDT
Precious metals have risen strongly to new highs, although the past few hours have seen Gold and Silver give back some of their gains. Gold has reached a new record high at $2450 while Silver has reached a new 11-year high at $32.50.
Equity Bulls Notch Another Positive Week But Are Probably Not Enthralled By How Thu And Fri Traded
Article By:
Paban Pandey
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Monday, May 20, 2024 7:06 AM EDT
Last week brought another positive week for equity bulls, with the major US equity indices rallying for a fourth consecutive week. Amidst this, how the indices traded the last two sessions should give the bears some hope.