Fri, Aug 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Metals and Minerals more

Metals stabilize for now as Chinese concerns abate; data nudges gold lower

Posted on 26 June 2013

Metals across the board showed some signs of stabilizing, at least temporarily, Tuesday morning in response to assurances from Chinese authorities that they are providing some liquidity into the financial system and also seemingly more dovish comments from some Federal Reserve officials.
Still, gold flipped from modestly higher to lower when a slew of U.S. economic data came out stronger than forecast, reminding the market of the potential for the Fed to taper its asset-purchase program known as quantitative easing………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36243 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31