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Gold Prices Focused on Ukraine Crisis, Biden-Xi Talks Eyed

Gold prices have stabilized a bit following an aggressive selloff from last week’s highs above the $2000/oz figure. The ongoing Russian invasion of Ukraine seems to be the driving catalyst in play, with the decline probably echoing broader hopes for de-escalation after cautiously supportive comments from Moscow and Kyiv. Tellingly, the drop registered alongside a parallel narrowing of the spread between front- and second-month Brent crude oil futures. That speaks to easing supply disruption
AndaIG

AndaIG in Market News

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Market News

Analysis: Falling U.S. bond yields may signal death knell for 'reflation' stock trade

STOCK MARKETS   NEW YORK (Reuters) - Stock investors are watching the dramatic moves in the Treasury market for clues on the fate of one of this year’s most successful plays - the so-called reflation trade that helped power shares of economically sensitive companies higher after nearly a decade of underperformance. Investors piled in to shares of energy producers, banks and other companies expected to benefit from a powerful economic rebound earlier this year while betting th
MongiIG

MongiIG in Market News

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