Sat, Dec 20, 2014
A A A
Welcome preal121
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 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031