Commodities Weekly Research Report
Dated: 17-09-2018 To 21-09-2018
JPMorgan Predicts the Next Financial Crisis Will Strike in 2020
The good news is, the next one will probably generate a somewhat less painful hit than past episodes, according to their analysis. The bad news? Diminished financial market liquidity since the 2008 implosion is a “wildcard” that’s tough to game out.
ECB Still Sees Bond Buying Phased Out as Rates Stay on Hold – Gold Silver Reports
The Frankfurt-based institution said it will buy 15 billion euros ($17 billion) of assets a month from October to December, and that a decision to halt the program after that continues to be contingent on incoming economic data. Policy makers reiterated that interest rates will remain at their present record lows “at least through the summer” of 2019.
MCX GOLD ABV 30750 U WILL SEE FRESH RALLY FOR BUY SIDE SELLER BE ALERT
MCX Gold prices edged lower on Wednesday as a key technical resistance acted as a deterrent for the metal and the yuan weakened against the dollar on fears the U.S.- China trade war could escalate.
Crude Oil Blast or Not Watch High 5100 Boom Boom Yaad Hai Mera Ultimate Target 5600 Seller Saaf – Neal Bhai
Crude Oil Blast or Not Watch High 5100 Boom Boom Yaad Hai Mera Ultimate Target 5600 Seller Saaf – Neal Bhai
West Texas Intermediate (WTI) US Crude Oil prices collapsed below $60.00 per barrel on Friday, tumbling over 4% in Oil’s worst single-day performance since June’s sharp pullback. Hopes for a cooling of tariffs between the US and China were swept off the table to end an otherwise unremarkable week, souring already-weak investor sentiment amidst an extending US government shutdown.