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...
Asia to spearhead global refinery coking capacity additions by 2025
Asia is expected to register the highest refinery coking capacity additions globally during 2021 to...
Cybersecurity Spending to Increase by 20% in 2021 Following SolarWinds Hack
A few weeks before the end of 2020, hackers breached software provider SolarWinds, directly...
US Dollar Collapses to Two-Year Low at -3.5% YTD as Short Trades Hit Two-Year High
According to the research data analyzed and published by the ForexSchoolOnline.com,...
China Exports Hit $237.6bn Value in July, a 7.2% Jump Year-on-year
Chinese trade was severely hit after the coronavirus outbreak as the authorities locked down...
From Risk Reduction to Unleashing New Possibilities
Daniel Fried, General Manager (GM) and Senior Vice President (SVP), EMEA and Worldwide Channels, Veeam
2020 will surely be...
Migrating Banking Data: how to ensure a smooth process
The latest trends in banking and fintech suggest data migration may be either an elective tool...
How the Power of Partnerships is Delivering Business Value in a World of Data Complexity
Author: Claude Schuck, regional manager for Middle East & Central...
