Posts Tagged ‘stock market’
Gold and Oil News - August 28, 2019 13:49
Gold Prices, Yield Curves and Rate Cuts
It’s been a strong year for Gold. Prices have surged during the second quarter (and into the third) with rate cuts, China trade war and the so called inverted yield curve being the catalysts for a flight of money into Gold. After breaking out of the early year range at the very end of May, […]
Gold Price Hitting New 6 Year High But Will It Continue?
Gold prices have been on a fantastic run higher for the last 4 weeks after a breakout of the early 2019 range. The breakout came with the speculation that the Federal Reserve may begin to lower interest rates after a period of hikes. Whilst no rate cut has yet been implemented there are many commentators […]
Dow Jones is Finding Resistance At 24450
As the United States celebrates Independence Day the Dow Jones and other stock indexes take a breather. The yearly national holiday sees markets close. It is possibly a good time for this break to arrive. Stocks have looked weary due to a backdrop of self inflicted trade tariff arguments from their wacky President, and a […]
Dow Jones Makes Further Declines On Weak Payrolls Data
The Dow Jones Index made further declines at the end of this week closing on Friday near 100 points down at 12,151.26. The Non Farm Payrolls report showed the weakest growth in jobs since last September and a rise of 0.1% in unemployment since April. This triggered heavy selling early in the day across the […]
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