Tag: Gold

Daily Market Commentary
May 18, 2022 BY Steffy Bogdanova

Daily market commentary: Gold prices hedged down, remaining under pressure from an increasingly hawkish Federal Reserve

European Shares Stocks were little changed in Europe on Wednesday - despite Asian shares extending yesterday’s gains by closing in the green overnight - as market operators brace for a busy day. Most EU benchmarks trade towards their opening price, with utilities paring losses from the real estate sector, marking a pause in the current…

Read more
Daily Market Commentary
May 10, 2022 BY Steffy Bogdanova

Daily market commentary: Gold prices hedged up, recovering some of the losses recorded during the previous session

European Shares European markets ticked higher on Tuesday, paring some of yesterday’s losses following technical rebounds over major support levels, while investors await new macro developments. Cross asset trading continues this week as traders keep adjusting their exposure between key negatively correlated markets such as Treasuries, Stocks and the US Dollar. Market sentiment remains generally…

Read more
Daily Market Commentary
May 03, 2022 BY Steffy Bogdanova

Daily market commentary: Gold prices remain under pressure

Gold Gold prices remain under pressure during early Tuesday trading, close to the multi-week minimums reached during the previous session. Despite the precious metal’s role as a hedge against inflation and haven during times of geopolitical instability - two factors that remain very much in the picture - gold prices remain subdued as the dollar…

Read more
April 11, 2022 BY Steffy Bogdanova

Daily market commentary: Stock benchmarks opens without clear direction while market volatility is on the rise

European shares Stock benchmarks opened without clear direction while market volatility was on the rise on Monday as investors digested a batch of mixed economic news from different regions. Despite positive CPI data that topped estimates in China overnight, the Asian trading session was marked by lingering worries regarding the Covid resurgence in the area…

Read more
April 07, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar loses some ground to other major currencies but remains close to the highs it gained in the previous session

Gold Gold prices are almost flat during early Thursday trading, remaining within the same narrow range of the last few weeks. The value of the precious metal has been determined by the countering forces of, on one side, the geopolitical risk generated by the war in Ukraine, which enhances gold’s haven appeal, and the increasingly…

Read more
April 05, 2022 BY Steffy Bogdanova

Daily market commentary: European markets traded mixed after gains in Frankfurt, Madrid and Copenhagen offset losses in Milan, London and Paris

European shares European markets traded mixed after gains in Frankfurt, Madrid and Copenhagen offset losses in Milan, London and Paris as investors struggle to assess the impact of different major market drivers. Risk appetite remains resilient as technical supports are preventing stock benchmarks from drifting even lower while cash continues to rotate from safety to…

Read more