Wednesday, 26 March , 2025
China’s industrial profits grow at quickest monthly pace 28 Nov 2020

China’s industrial profits grow at quickest monthly pace

Profits at China’s industrial firms grew in October for a sixth consecutive month and at their quickest pace since early 2017.

Gold Weekly Price Forecast 28 Nov 2020

Gold Weekly Price Forecast

Gold markets got hammered during the week as we continue to see a lot of money flow into the “risk-on” trade. Gold was ditched and fell below the $1800 level.

Gold price down 2% following strong sentiment in service, manufacturing sector 24 Nov 2020

Gold price down 2% following strong sentiment in service, manufacturing sector

A multi-year rise in sentiment in the manufacturing and service sector is pressuring gold lower as prices break below critical support. December gold futures last traded near session lows at $1,841.40 an ounce, down 1.6% on the day.

COVID brought US economy back to the brink 23 Nov 2020
Goldman Sachs

COVID brought US economy back to the brink

The resurgent coronavirus has brought the U.S. economy back to the brink of contraction, the usually upbeat forecasters at Goldman Sachs have pontificated in a new note to clients.

How High Can Oil Prices Go In 2021? 23 Nov 2020

How High Can Oil Prices Go In 2021?

Progress in vaccine development and expectations that OPEC+ will decide in less than two weeks to roll over the current cuts for three months instead of easing them from January 2021 give bulls hopes that the oil market will regain some semblance of a balance next year.

Vaccine Expert Predicts Normal Life in May 23 Nov 2020

Vaccine Expert Predicts Normal Life in May

As the United States recorded its 12th million Covid-19 case, the Trump administration’s vaccine program adviser predicted that life in America could be back to normal around May of 2021 as immunization is set to begin.

G-20 Calls For United Response To Pandemic 22 Nov 2020

G-20 Calls For United Response To Pandemic

European Council President Charles Michel, on screen bottom, participates in a virtual G-20 meeting, hosted by Saudi Arabia, at the European Council building in Brussels on Saturday.

Can the Bull Market Outlive a Pandemic? 21 Nov 2020

Can the Bull Market Outlive a Pandemic?

TEHRAN (Iran News) – Gold’s record-breaking bull market is facing an existential question after this month’s pharmaceutical breakthroughs: what happens to the rally once Covid-19 vaccines start rolling out? Gold is viewed by many as the archetypal haven asset, inevitably driven higher in times of turmoil. By that logic, a beginning of the end of […]

Pandemic is Creating Dangers for Investors 21 Nov 2020

Pandemic is Creating Dangers for Investors

The coronavirus crisis pushed global debt levels to a new high of over $272 trillion in the third quarter, according to the Institute for International Finance.

Middle East Oil Producers Are Drowning In Debt 21 Nov 2020

Middle East Oil Producers Are Drowning In Debt

Persian Gulf oil producers are losing billions of U.S. dollars from oil revenues this year due to the pandemic that crippled oil demand and oil prices.