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How is the dollar performing currently?“Forex: Dollar Creeps Lower on Cooling Hopes of Delay to Tariffs on China The U.S. dollar edged lower on Tuesday, as uncertainty over whether the U.S. would delay planned tariffs on imports from China continued to weigh on sentiment. The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies,…- Is now the time to diversify with precious metals?“Goldman Says Case for Diversifying into Gold ‘as Strong as Ever Goldman Sachs Group Inc. said investors should diversify their long-term bond holdings with gold, citing “fear-driven demand” for the precious metal. “Gold cannot fully replace government bonds in a portfolio, but the case to reallocate a portion of normal bond exposure to…
- How are trade deals affecting gold prices?”Gold jumps over 1% as Trump says trade deal could extend to 2020 Gold jumped more than 1% on Tuesday on fading optimism surrounding a U.S.-China trade deal after U.S. President Donald Trump said talks could extend until after the presidential elections in November 2020. Spot gold gained 1.12% to $1,478.72 per ounce, after touching…
- Does a good investing opportunity exists with gold?”Gold Is Standing Out Among All Precious Metals Markets After a few years away from the spotlight, the gold market has returned. Its performance year-to-date is up nearly 20% as investors flocked to safe haven assets in the light of trade wars and geopolitical uncertainty. With the Federal Reserve turning dovish and yields falling across…
- How is oil production performing?”U.S. Oil Production Stays Flat For The First Half Of 2019 Summary EIA 914 came out today and US oil production for June 2019 came in at 12.082 mb/d. US oil production for the first 6 months of 2019 was flat versus exit December 2018 figures. But production growth will be heavily weighted in the…
- Could the Fed’s Decisions Mean Trouble?”Endgame for the Fed? The Federal Reserve, responding to concerns about the economy and the stock market, and perhaps to criticisms by President Trump, recently changed course on interest rates by cutting its “benchmark” rate from 2.25 percent to two percent. President Trump responded to the cut in already historically-low rates by attacking the Fed…
- How is the Fed Handling the Current Economic Environment?”Banks Fight a Losing Rates Battle It sure is a weird time to be in banking. Nearly every asset on Earth is soaring in price, from bonds to Bitcoin to Beyond Meat, as the Fed prepares to resume pumping stimulus into an economy that still seems in decent shape. But banks can’t fully enjoy it,…
- How much has the U.S. Budget Deficit Increased this Year?”US budget deficit jumps 23% through June The U.S. budget deficit increased by $140 billion during the first nine months of this budget year to $747.1 billion as government revenues and spending both hit records. The Treasury Department reported Thursday that the deficit for the current fiscal year through June is up 23.1% over the…
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