Gold Analysis Fundamental and Technical: Gold prices recorded a sharp rise but continued to trade sideways in the downward tilted channel. US yields plummeted, which helped the euro put pressure on gold prices. The hedge fund dropped about 10% of open interest in futures and options according to the latest …
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The Chinese economy is slowing down to multi-year lows
Chinese Economy : Industrial production and retail sales accelerated their growth instead of the expected slowdown. In addition, market participants hope on the boost effect from tax and monetary stimulus in the coming months. In this regard, the data from China should be regarded as the fact that the situation …
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