Month: November 2020

Overall, the markets are relative quite today, in month end trading. Stocks are struggling in tight range, indifferent to news of Modern’s plan to see US and EU clearance for their vaccine. In the currency markets, Sterling is currently the strongest one, awaiting news on Brexit trade talks. Canadian is the next strongest, then Kiwi.
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Erin Scott/Bloomberg via Getty Images The Department of Labor has been both miscounting the amount of people receiving unemployment benefits and underpaying those under a special program instituted to address the coronavirus pandemic, according to a government watchdog report Monday. Issues dealing with the surge in those filing claims for the new programs aimed at
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The ongoing Bitcoin (BTC) rally has primarily been driven by institutions, analysts say, with metrics such as CME’s open interest and Grayscale’s assets under management (AUM), supporting this narrative.  At the same time, the gold market has seen large outflows in recent weeks. On Nov. 24, independent financial researcher Jan Nieuwenhuijs reported that gold saw
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Gold Price Analysis: XAU/USD drops over 1% to fresh four-month lows near $1765 Following a weekly closing below the $1800 level, Gold (XAU/USD) resumes its downward momentum in Monday’s Asian trading, renewing four-month troughs below $1770. The precious metal came under fresh selling pressure over the last hour, as the upbeat Chinese official Manufacturing and
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