Commodities market comment
Today’s market analysis on behalf of Ahmad Assiri Research Strategist at Pepperstone
Gold
Amidst the shifting sands of global trades, gold continues to shine as a pivotal hedge against the turbulence wrought by tariff policies and trade war. With the rollout of tariffs on imports from Canada and Mexico, coupled with ramped-up duties on China, there has been a noticeable surge in gold buying. This...
Gold Ends -Eigh Wteek Winning Streak, Hits New Low Near $2,833/Oz
Written by Linh Tran, Market Analyst at XS.com
Gold ended last week down near $2,858 per ounce as economic data indicated a complex inflation situation and the strength of the U.S. dollar was reinforced by market expectations that the Fed would maintain its hawkish stance.
Last Friday, gold officially ended an eight-week winning streak. On the same...
Google's $5.4 billion acquisition more than doubles Gafam 2021 cybersecurity spend
Google, Amazon, Facebook, Apple, and Microsoft (GAFAM) spent $2.4B in 2021 fending off cyber-attacks. And...
Pfizer is the 4th most admired company in 2022
Pfizer is one of 2022’s most admired firms globally. That’s according to a StockApps.com data presentation. The site’s...
Apple’s 2021 revenues are up 4X the last 11 years
Apple.Inc has quadrupled its revenue over the previous 11 years. According to data presented by tradingplatforms.com,...
