Utilising MarketHive to Promote CryptoCurrency
Investors wait for tomorrow’s CPI inflation report for April Traders and investors are waiting for the release tomorrow of the Consumer Price Index inflation report that will be released right before New York markets open. The CPI will probably be one of the most important economic reports to be released by the government this month. […]
Cash is the king as financial market melt-down continues taking gold lower The selling pressure continued as U.S. equities continued in their dramatic decline. On March 28, the S&P 500 hit an intra-week high of 4635. What followed was five consecutive weeks of dramatically lower values. If today’s selling pressure indicates the week ahead, we […]
Here's why gold is 'the most confusing' commodity right now The latest comments from the Federal Reserve triggered a massive selloff across all risk assets. But why is gold still below the $1,900 level? Here's a look at Kitco's top three stories of the week: 3. Gold and bitcoin jump as Fed's Powell takes 75bps […]
Is the Fed facing a credibility problem and why is gold price the 'punching bag'? Extreme volatility in the marketplace in reaction to the latest policy shift by the Federal Reserve has many risk-on assets in a downward spiral, but why is gold — a safe-haven asset — once again 'the punching bag'? Gold failed […]
Reversals across many markets, while gold remained resilient This week the Federal Reserve addressed revisions to its current monetary policy in its attempt to reduce the current levels of inflation to an acceptable target. The statement released after the FOMC meeting, coupled with Chairman Powell’s press conference, resulted in extreme volatility in many financial sectors. […]
Gold firmer but loses altitude as USDX, bond yields spike up Gold prices are posting modest gains in midday U.S. trading Thursday but the bulls are fading fast after solid early gains have been erased. The precious metals markets are being buffeted today by strong gains in the U.S. dollar index and a big spike […]
Gold sees modest rally following mildly dovish FOMC statement Gold prices are steady to firmer in early afternoon U.S. dealings Wednesday, supported by the conclusion of the U.S. central bank meeting this afternoon that was deemed just a bit dovish. Gold prices were modestly down just prior to the FOMC statement's release. June gold futures […]
Gold, silver see tepid short covering after recent losses Gold and silver prices are firmer in midday U.S. Trading Tuesday. Short covering by the shorter-term futures traders was feature today after both metals hit 2.5-month lows on Monday. The bulls are trying to stop the bleeding in down-trending markets that have been punished by a […]
Gold, silver smacked by strong USDX, rising bond yields, technical selling Gold and silver prices are sharply lower in midday U.S. Trading Monday, with both scoring 2.5-month lows. The precious metals are getting hit early this week by the bearish outside market forces of a strong U.S. dollar index that is near a 20-year high, […]
A massive destruction of wealth is coming, this is what the Fed is 'engineering' – Alfonso Peccatiello Attempting to slow down the economy and subdue inflation, the Federal Reserve has already raised interest rates by 25 basis points and is expected to raise rates by 50 basis points at each of its next two meetings […]
