Barrick Gold with relative weaknessCompared to the price of gold itself, the major mining stocks have been relatively weak over the past three weeks and Barrick Gold is no exception.…
The bad news: despite the recent dollar weakness, it failed to break out of the $1,800/$10 resistance area. The downward trend line in the daily chart must also still be…
HICP +6.8% vs +6.8% y/y prelim
A downside surprise on estimates for US CPI in the month of July saw the dollar sink alongside bond yields, while equities rallied hard in the immediate reaction. While the…
German DAX futures +0.3% UK FTSE futures +0.2% Equities are keeping the good mood from yesterday going so far, with S&P 500 futures also seen up 8 points, or 0.2%,…
Well, they definitely are – at least from what can be observed in the region. The situation on the ground hasn’t changed all too much since last week. China were…
The stock declines are deepening a bit with the NASDAQ reaching down -1.3%. The S&P index is down -0.45% and the Dow industrial average is now lower after a early…
Stoxx 600 +0.8% German DAX +0.9% UK FTSE 100 +0.7% French CAC +0.9% Italy MIB +0.6% Spain IBEX +1.3% US stocks are back to June levels while the Dax has…
Last week the CPI print data for the CHF was below expectations and as a reaction the Swiss franc depreciated. Analysts at Pantheon say inflation will peak in August and…
The region continues to actively prepare for winter. On the gas day of August 5 (ends at 07:00 Moscow time on August 6), almost 72 billion cubic meters of gas…