4+ hour, 27+ min ago  (320+ words) Gold has cracked the March low. The spike low early in the war was $4097 and we've just broken through it. That puts gold back where it was in late November and -- needles to say -- lower for the year. The war…...

6+ hour, 39+ min ago  (211+ words) The only negative was that the domestic buyers were much less than the average. The international buyers made up for the shortfall and the dealers were saddled with less than the average which is indicative of solid demand. US defense…...

6+ hour, 45+ min ago  (268+ words) The US treasury will auction off $39 billion of 10 year notes at the top of the hour. The current 10 year yield is at 4. 534%. At the last auction the yield was set at 4. 468%. Since the war started on February 28, the low yield…...

8+ hour, 27+ min ago  (245+ words) Gold extended its decline today after breaking below its 200-day moving average yesterday, a key technical development. The 200-day moving average currently sits at $4, 415. 51, and the break marked the first sustained move below that benchmark since November 2023. The last meaningful…...

9+ hour, 52+ min ago  (344+ words) The BOC slightly altered this key line. It previously said: I'd say that's incrementally hawkish. Governor Tiff Macklem also released the opening text of his statement and it says: If the United States imposes significant new trade restrictions on Canada,…...

16+ hour, 24+ min ago  (321+ words) The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market's reaction is the distribution of forecasts. In fact, although we…...

14+ hour, 56+ min ago  (537+ words) The currency pair continues to keep above the 160. 00 mark so far in trading this week but is not really running away for now. Traders are reserving some caution in not wanting to incur the wrath of Japan's ministry of finance....

15+ hour, 8+ min ago  (566+ words) Gold extended the losses yesterday as traders likely hedged into a potentially hot US CPI report today. Friday's strong NFP number triggered a hawkish repricing in interest rate expectations and traders are now questioning not if, but when and how…...

16+ hour, 43+ min ago  (367+ words) Traders and investors were sent reeling after the hot US jobs report at the end of last week. Since then, there is an air of nervousness surrounding equities - not least with the US-Iran conflict continuing to rage on. The trepidation…...

18+ hour, 54+ min ago  (339+ words) Adding to the projections above, roughly two-thirds of economists also now expect the policy rate to reach 1. 50% by Q2 next year. That brings forward the expectations of such a target, which was projected for Q3 next year in May. As things stand,…...