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IBM's Chief of Blockchain and Cryptocurrencies Sets Mammoth Targets for Bitcoin Price

Euro area consumer sentiment rises modestly in February

Reserve Bank of Australia may cut cash rate in 2019 to support economic activity

Bank Indonesia likely to keep key interest rate unchanged in February

FxWirePro: U.S. Natural gas inventory preview

Mounting Interests of Wall Street Players in Crypto-Avenue - JP Morgan Comes With JPM Coin, Is Facebook Launching Facecoin?

FxWirePro: Copper clears key resistance; further rise possible

Euro area flash services PMI index rises above expectations in February, manufacturing index falls sharply

Swedish economic growth likely to have accelerated sequentially in Q4 2018

Polish economy begins 2019 on strong footing, retail sales likely to have accelerated in January

Fundamental Evaluation Series: EUR/USD vs. 2-year yield spread

Australia’s employment rises above expectations in January, likely to grow further at a slower rate

Turkish consumer sentiment index falls sequentially in February

FxWirePro: FTSE100 likely to test 8000 level

Norwegian oil investment likely to grow strongly in 2019, shows survey

Fundamental Evaluation Series: 2-year yield spread vs. GBP/USD

U.S. initial jobless claims fall below expectations in mid-February

Commodities snapshot (precious & industrial)

Thursday, January 17, 2019 3:05 PM UTC
0
comments

The metal pack is down today. The performance this week at a glance in the chart & table -

Gold:

  • Gold is continuing its march higher as the dollar weakens amid risk aversion. Currently, testing resistance around $1300 area. Today’s range $1295-1289
  • Gold is currently trading at $1290/troy ounce. Immediate support lies at $1260, and resistance at $1335 area.

Silver:

  • Silver is moving higher along with gold as USD weakens. But sharply down this week. Today’s range $15.44-15.64
  • Silver is currently trading at $15.48/troy ounce. Support lies at $15.1 & resistance at $16

Copper:

  • Copper is recovering after reaching our target around $2.55 area. Today’s range $2.62-2.66
  • Copper is currently trading at $2.67/pound, immediate support lies at, $2.55 & resistance at  $2.81

 

Gold

 +0.47%

Silver

 -1.15%

Copper

  +1.06%

 

 

 

 

 

 

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2019-02-22 21:44:58
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S&P SAYS SWEDEN 'AAA/A-1+' RATINGS AFFIRMED; OUTLOOK STABLE
2019-02-22 21:11:23
0m
FITCH ON ITALY: SEE FOCUS ON UPCOMING EU ELECTIONS, FOLLOWED BY 2020 BUDGET, POTENTIALLY ANOTHER NATIONAL ELECTION, TO DEFLECT FROM DEVELOPMENT OF NEW REFORM MEASURES
2019-02-22 21:11:13
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FITCH SAYS ASSESS LAST YEAR'S "DIGNITY DECREE" LABOUR MARKET REFORM, NEW PENSION MEASURES AS HAVING MODERATELY NEGATIVE IMPACT ON ITALY'S MEDIUM-TERM GROWTH
2019-02-22 21:10:55
0m
FOR THE WEEK, THE S&P ROSE 0.62 PCT, THE DOW ADDED 0.57 PCT, THE NASDAQ GAINED 0.74 PCT
2019-02-22 21:10:47
0m
FITCH, ON ITALY, SAYS POLICY TENSIONS IN COALITION GOVERNMENT AND POTENTIAL FOR EARLY ELECTIONS ADD TO UNCERTAINTY OVER FISCAL AND ECONOMIC POLICY
2019-02-22 21:10:33
0m
FITCH SAYS ITALY'S GDP GROWTH HAS STALLED AS DOMESTIC POLICY UNCERTAINTY AND WEAKER EXTERNAL DEMAND HAS DRAGGED DOWN INVESTMENT
2019-02-22 21:10:25
0m
FITCH SAYS DOES NOT EXPECT ONGOING ARTICLE 7 DISCIPLINARY PROCEEDINGS BY EU AGAINST HUNGARY TO MAKE MUCH HEADWAY IN 2019
2019-02-22 21:10:17
0m
FITCH SAYS CONCERNS ABOUT INDEPENDENCE OF HUNGARY'S JUDICIARY ARE INCREASING
2019-02-22 21:10:08
0m
FITCH SAYS ITALY'S 'BBB' RATING & NEGATIVE OUTLOOK REFLECT EXTREMELY HIGH LEVEL OF GENERAL GOV DEBT & ABSENCE OF STRUCTURAL FISCAL ADJUSTMENT, OTHERS
2019-02-22 21:09:59
0m
FITCH RATINGS SAYS UPGRADE OF GEORGIA'S IDRS REFLECTS, AMONG OTHERS, "GEORGIAN ECONOMY PROVED RESILIENT TO NEGATIVE DEVELOPMENTS IN 2018"
2019-02-22 21:09:51
0m
FITCH AFFIRMS ITALY AT 'BBB'; OUTLOOK NEGATIVE
2019-02-22 21:09:15
0m
FITCH ON HUNGARY SAYS EXPECTS CONTRIBUTION OF NET EXPORTS TO GDP GROWTH TO REMAIN SUBDUED IN 2019-20
2019-02-22 21:09:04
0m
FITCH SAYS UPGRADES GEORGIA TO 'BB'; OUTLOOK STABLE
2019-02-22 21:08:46
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S&P 500 POSTS HIGHEST CLOSING LEVEL SINCE NOV. 8
2019-02-22 21:08:34
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FITCH RATINGS SYS UPGRADE OF HUNGARY'S IDRS REFLECTS HUNGARY UNDERGOING RAPID EXTERNAL DELEVERAGING
2019-02-22 21:01:25
0m
BRAZIL'S BOVESPA CLOSED AT 97,753.90, UP +0.85%
2019-02-22 21:00:56
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CANADA'S S&P/TSX COMPOSITE CLOSED AT 16,013.77, UP +0.08%
2019-02-22 21:00:17
0m
NASDAQ UNOFFICIALLY CLOSES UP 67.04 POINTS, OR 0.90 PERCENT, AT 7,526.75
2019-02-22 21:00:11
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S&P 500 UNOFFICIALLY CLOSES UP 17.58 POINTS, OR 0.63 PERCENT, AT 2,792.46
2019-02-22 21:00:05
0m
DOW JONES UNOFFICIALLY CLOSES UP 179.31 POINTS, OR 0.69 PERCENT, AT 26,029.94
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Economics Monitor

February 22 20:00 UTC Released

USFCOJ Stock

Actual

0.548 Pounds B

Forecast

Previous

0.529 Pounds B

February 22 20:00 UTC Released

USBeef Stocks

Actual

495.624 Pounds M

Forecast

Previous

514.72 Pounds M

January 31 00:00 UTC 558665558665m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 558665558665m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 570485570485m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 558665558665m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 570485570485m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 558665558665m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 558665558665m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 558665558665m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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