Dow Jones dodges a hike December still prices

Dow Jones dodges a hike December still prices

The American labour market contracted in July and the Dow Jones Industrial Average answered with a gain of roughly 65 points, a tenth of a percent, trading near 54,000 into the afternoon. The session high just above 54,100 printed in the minutes after the 12:30 GMT release and has not been beaten since. That is […]

Solar demand headwinds emerge – Commerzbank

Solar demand headwinds emerge – Commerzbank

Commerzbank’s Carsten Fritsch notes that the Silver price has surged over 10% this week to USD 63.9 per troy ounce, its highest level since late June, pulling the gold/silver ratio back below 70. However, he highlights that solar-sector demand is set to decline for a second year, with Silver’s share in solar modules and total […]

Why the Euro’s recovery is facing its biggest technical hurdle

Why the Euro’s recovery is facing its biggest technical hurdle

The Euro (EUR) has staged a notable recovery from its mid-June lows against the US Dollar (USD), driven in part by financial markets dialing back expectations for further Federal Reserve (Fed) interest rate hikes. However, institutional analysts warn that this rebound faces major macroeconomic and technical hurdles. With Fed Chairman Kevin Warsh stepping back from […]