Tag: Gold

Weekly data: Oil and Gold price action before the NFP
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…

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Weekly data: Oil and Gold price action before the NFP
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…

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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…

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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…

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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…

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March 30, 2022 BY Steffy Bogdanova

Daily market commentary: The euro is on a winning streak, having gained 1.8% to the dollar

European Shares Stocks slid lower in Europe on Wednesday, snapping a 3threeday rally, as investors still need further confirmation of the recent progress towards reducing hostilities in the war in Ukraine. The optimistic talks between Moscow and Kyiv have significantly sustained market sentiment and appetite for risk since the beginning of the week. President Putin…

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March 29, 2022 BY Steffy Bogdanova

Daily market commentary: The Euro is on the front foot as Russian and Ukrainian officials are due to meet today in Turkey

Gold Gold prices are down during early Tuesday trading. The appeal of the precious metal is declining among investors, as talks between Russia and Ukraine trigger hopes of a de-escalation in the conflict, while US treasury yields continue to rise. A ceasefire between Russia and Ukraine is a potential outcome of the talks between officials…

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