Gold dropped by 25 dollars following the latest coronavirus vaccine news, this time from Moderna. Gold's ability to navigate uplifting Covid-19 vaccine hopes continues today. Last Monday the price tumbled by more than 100 dollars following the Pfizer/BioNTech news and today Moderne (MRNA) announced its results which potentially looks even...

This week, the market focus will still be on COVID-19 and the second wave hitting the United States, but investors will also need to deal with a range of central bankers' speeches and the usual topic of Brexit.    What to watch President-elect Joe Biden today on plans for a...

This week we expect sovereigns to remain volatile globally. In the United States, investors are still holding on their short bond future positions, but a surge in Covid-19 cases together with President Trump not acknowledging a Biden win is keeping yields from rising. In Europe, there is an upside for...

Important earnings releases are still being published and this week we discuss interesting earnings releases from NIO, Sea Ltd and especially NVIDIA which is seeing insanely high growth rates around 50% y/y.The Q3 earnings season is almost done with 90% of the S&P 500 companies having reported already, but this...

Interview with L'Agefi on the outlook for commodities in 2021Which commodity sector continues to be most affected by the current pandemic? Clearly, the energy sector has suffered the most losses, which has continued to fall sharply since the beginning of the year, with WTI still down by almost 40% over...

Today we look at the very positive mood to start the week, especially in Asia, where the new multi-lateral RCEP trade deal has sentiment in a good place, particularly for Japan as the Nikkei has gone vertical in recent weeks. Elsewhere, we keep US long yields firmly on our radar...

Price is facing bearish pressure where we can see a further drop below this level.

Price is facing bearish pressure where we can see a further drop below this level.

Markets are starting off the week in a chipper mood after a strong close on Friday, with even recent laggard China pulling well off the Friday lows overnight. The US dollar is weak, and gold is trying to rebound to the 1,900 area, while oil is trying to find support...

Price is facing bearish pressure where we could see a reversal below this level.