Metals News
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A group of Credit Suisse bondholders filed a lawsuit against the Swiss government, seeking full compensation over the contentious decision to write down the failed bank’s Additional Tier 1 (AT1) debt. As part of Credit Suisse’s emergency sale to UBS last year, which was orchestrated by the Swiss government, Swiss regulator Finma wiped out roughly $17 ...
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GameStop stock (GME) rose 47% on Thursday after a YouTube account believed to be tied to investor Keith Gill, also known as "Roaring Kitty" on social media, posted a livestream scheduled for Friday at noon ET. After the market close, Reddit user DeepF***ingValue, an account previously tied to Gill, posted a new screenshot purporting to show their position ...
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GDP, or gross domestic product, is all over financial news. It’s a measure of the value of all the goods and services in a country, but what does it actually mean? Well, it works as an indicator for how well or poorly a nation’s overall economy is faring. Do policies need adjusting? Are people gainfully employed? Watch to learn how GDP works and why it ...
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As the saying goes, “There are lies, damn lies and statistics.” And on the first Friday of every month, the American public gets a ton of new statistics to peruse. That’s when the U.S. Bureau of Labor Statistics releases its latest jobs figures. Within minutes of the data drop, news organizations send out push alerts, pundits start opining, and the ...
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More than a half of surveyed Bank of Japan watchers forecast the central bank will decide to trim its government bond buying when authorities meet next week, with a growing number also looking ahead to a rate hike in July. Some 54% of 50 economists said the bank will slow the pace of bond buying from around Ą6 trillion per month at the Policy Board ...
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In April 2024, German exports rose by 1.6% and imports by 2.0% compared to March 2024, adjusted for calendar and seasonal effects. As the Federal Statistical Office (Destatis) further reports based on preliminary results, exports rose by 1.9% compared to April 2023, while imports fell by 0.6%. In total, in April 2024, calendar and seasonally adjusted goods ...
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As the saying goes, “There are lies, damn lies and statistics.” And on the first Friday of every month, the American public gets a ton of new statistics to peruse. That’s when the ...
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After yesterday's breathless Nvidia-led meltup, which saw the AI chipmaker surpass both $3 trillion in market cap and Apple's valuation, today's session was a boring affair by ...
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More than a half of surveyed Bank of Japan watchers forecast the central bank will decide to trim its government bond buying when authorities meet next week, with a growing number ...
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In the week ending June 1, the advance figure for seasonally adjusted initial claims was 229,000, an increase of 8,000 from the previous week's revised level. The previous week's ...
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China's Trade Balance for May, in Chinese Yuan terms, came in at CNY586.40 billion, widening from the previous figure of CNY513.45 billion. Exports jumped by 11.2% YoY in May vs. ...
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post: INDIAN INTEREST RATE DECISION ACTUAL 6.5% (FORECAST 6.5%, PREVIOUS 6.50%) $MACRO post: RBI CHIEF: 4 OUT OF 6 MPC MEMBERS VOTE IN FAVOUR OF POLICY STANCE post: RBI CHIEF: PRIVATE CONSUMPTION IS RECOVERING post: RBI CHIEF: FY25 CPI INFLATION VIEW RETAINED AT 4.5%
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The quotes of XAG/USD continue to move as part of the development of a strong bearish correction and a bullish channel. At the time of publication of the forecast, prices for Silver are 30.26. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential ...
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Thanks to yesterday’s session, gold bulls gained an important ally, but is it enough to go higher? Looking at the daily chart, we see that although the U.S. currency moved a bit above the previously broken red horizontal line (based on the lower border of the orange consolidation about which you could read in previous Quick Gold Alerts) and the 200-day ...
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The Perth Mint sold 23,238 troy ounces (oz) of gold and 796,934 oz of silver in minted product form during May 2024. Opening the month around USD 2,300, the gold price in US dollar terms generally tracked flat before jumping higher by 1.5% off the back of weaker US jobs data which reinforced the potential for a Fed rate cut. On May 20 bullion hit a record ...