Golden Gate Bridge San Francisco, California USA
"You can live as if nothing is a miracle; you can live as if everything is a miracle." Albert Einstein
Lazy Sunday in the Philippines
Heading into a new week, bulls remain confident, buoyed by technical indications and market internals. A rate hike is likely and the commentary surrounding it could spoil the party. The technical picture remains encouraging for bulls, as the major indices seem to be on track to leave behind the 3-month long correction. The Dow, the S&P 500 and the Nasdaq are all above their 50- and 200-day moving averages, and thanks to the recent rally, ...
World Gold Council, the market development organization for the gold industry, recently released their Gold Demand Trends Q1 2018 report. According to the report, stock market volatility sparked US inflows, but outflows in other regions. This kept gold prices muted and left investors lacking confidence on prices, weakening demand for gold. Other key highlights of the report include gold bar and gold coin demand falling 15%, a decline led ...
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