TAG: Demand
Gold prices climb on Chinese buying. Is there more to come?
This suggests that there is yet more upside to come as the Chinese state is buying gold to avoid reliance on the US dollar. Russia is also a big buyer of gold, but Meyer agrees that this is a bit of a sideshow compared to the Chinese position. The discuss...
6 months ago
easyJet Q2 preview – revenue improvement helps trim losses
EasyJet Q2 preview – revenue improvement helps trim losses Ahead of easyJet PLC's fiscal second quarter trading update on April 18th and interim results on May 16th, analysts are turning more positive on the European low-cost carrier's outlook. Improved r...
6 months ago
New FXTM commodity hits all-time high!
FXTM launches 10 new commodities Cocoa hits fresh record high Biggest gainer YTD in FXTM’s commodity universe Firmly bullish on H4/H1 timeframe Further upside on the card? This week, FXTM launched 10 new commodities! This now brings FXTM’s tally to 13...
6 months ago
India's service sector spare capacity in 11-14% range post-pandemic, similar to global norms: RBI bulletin
India’s service sector’s performance has been in line with the global standards, according to a paper published by Reserve Bank of India researchers in the August Monthly Bulletin.The paper on estimating spare capacity, which determines how much of an inc...
1 month ago