Commodity Currencies Struggle, But Which Is Most Vulnerable? – Capital Economics
Although commodity investors have taken a hit since the sector began to fallmid-2014, it has really been commodity-driven economies that have suffered as a result of their weaker currencies, with one UK-based research firm calling for Australian and Ne…
Read moreHedge Funds Flee Gold Market Ahead of September FOMC Meeting – CFTC Data
The possibility of a Fed rate hike as early as Sept. 17 is keeping both short and long investors away from gold, according to the latest data from the Commodity Futures Trading Commission.
Read moreAureus Mining Reports First Gold Sales From New Liberty Mine
Aureus Mining Inc. (TSX, AIM: AUE) reports that the first gold sales have occurred after initial mining and processing began at the New Liberty Gold Mine in Liberia.
Read moreBargain Hunters Nibble At Gold, Short-Term Support Building
Bargain hunters emerged again on overnight weakness to boost gold prices into positive territory in early action on Tuesday.
Read moreINTL FCStone Anticipates Palladium To Remain Soft Due To Demand Issues
Improving Indian gold consumption could be ahead after recent demand failed to cushion the market in the first half of 2015, says Citi Research.
Read moreChinese Data Point Toward Further Gold Purchases During August
Chinese data on foreign-exchange reserves suggest that the country’s central bank bought another 16 tonnes of gold during August, analysts report.
Gold Near Steady Amid Increased Risk Appetite Tuesday
Gold prices are near steady in early U.S. trading Monday, as buying interest is being limited by keener trader and investor risk appetite in the market place on this day.
Read moreU.S. Stock Indexes Pointed Sharply Higher In Early Trading.
Good morning this is the open with Jim Wyckoff. Gold Prices are modestly lower in early U.S. trading Tuesday, as There is better risk appetite in the marketplace as the U.S. markets Get ready to open.
Read moreThe 6PM Recap With Gary Wagner: Employment, The Fed, And Demographics As Destiny
It’s hard to guess what the Federal Reserve will make of today’s Labor Department employment figures. It’s not too hot, but it’s not too cold. It’s simply kind of lukewarm. However, it did show the unemployment rate dipped to 5.1% and that has to be reckoned with.
China Concerns Overblown, Stock Moves Poor Forecast of Real Situation – Chief Economist
Over the last few weeks, many market professionals have raised concern over China’s growth prospects, even calling for the Fed to hold off on raising rates during the height of the turmoil, but one chief economist says these fears are overblown.