Tag Archive: financial markets

The Market Could Have Further to Fall Before Finding a Bottom

The gold market s lower again today as some surprising economic data has caught the markets off-guard. In recent trade, spot gold was down nearly $7 per ounce at $1454.60 for the day. The market has continued to hold above support in the $1450 area, but another test of this area could potentially lead to a fresh leg lower in value. The market could even look to test the $1400 region before finding more willing, long-term buying interest. And that is just fine… The market... Continue Reading

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Has the Next Race to the Bottom Begun?

There is certainly no shortage of complex issues plaguing global financial markets currently. The ongoing U.S./China trade war and recent unrest in Hong Kong have fueled a sharp rise in market volatility in recent sessions, and that volatility expansion could potentially be indicative of a long-term topping process in stocks. Has the next race to the bottom begun? Global central banks appear willing to ride to the rescue once again, however, and could take significant measures to combat the accelerating global economic slowdown. The U.S.... Continue Reading

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