A shot from behind a magical little waterfall in Australia
Spot Gold: Retail trader data shows 69.7% of traders are net-long with the ratio of traders long to short at 2.3 to 1. The number of traders net-long is 15.4% higher than yesterday and 0.3% higher from last week, while the number of traders net-short is 28.2% lower than yesterday and 10.0% lower from last week. We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Spot Gold prices may continue ...
A report released by MNI Indicators on Thursday unexpectedly showed a slowdown in the pace of growth in Chicago-area business activity in the month of March. MNI Indicators said its Chicago business barometer slumped to 57.4 in March from 61.9 in February more...
Consumer sentiment in the U.S. improved by slightly less than initially estimated in the month of March, according to a report released by the University of Michigan on Thursday. The report said the consumer sentiment index for March was downwardly revised to 101.4 from the preliminary reading of 102.0. more...
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