Silver 1 OZ 999 NY (XAG=X) very likely that we have seen at the very least a short-term top

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Silver 1 OZ 999 NY (XAG=X) very likely that we have seen at the very least a short-term top Silver markets fell rather hard during the session on Monday, slicing through the $14.75 level, showing just how difficult it’s going to be to continue to go higher. What’s even more interesting is that the candle stick from the day wiped out...

Shanghai: SSE Composite Index (.SSEC) exports grow despite US tariffs, but imports slump most in nearly 3 years

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Shanghai: SSE Composite Index (.SSEC) exports grow despite US tariffs, but imports slump most in nearly 3 years Shanghai stocks closed higher on Monday, snapping a six-session losing streak, as worries over trade tensions eased after an agreement between the United States and Mexico to avert a tariff war, and as weak data boosted stimulus hopes. The blue-chip CSI300 index rose...

Gold 1 OZ (XAU=X) improved trader/investor risk appetite to start the trading week

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Gold 1 OZ (XAU=X) improved trader/investor risk appetite to start the trading week Gold prices are solidly lower in morning U.S. dealings Monday, on a corrective and profit-taking pullback from recent gains. Improved trader/investor risk appetite to start the trading week is also a negative for the safe-haven metals. A rebound in the U.S. dollar index today is also a bearish...

Moving Average On The Horizon For The Japanese Yen: USD/JPY (JPY=X)

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Moving Average On The Horizon For The Japanese Yen: USD/JPY (JPY=X) The Greenback is attempting to bounce back against the Japanese yen, establishing trade above the 108.50 level. Rates have stabilized since the 31 May plunge, with the USD/JPY putting in a short-term bottom in the vicinity of 108.00. During the U.S. overnight, Japan released a series of Q1 GDP metrics. The reports...

British Pound: USD/GBP (GBP=X) losing its gains in response to weak UK data

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British Pound: USD/GBP (GBP=X) losing its gains in response to weak UK data The pound trades almost exclusively but it has been unable to ignore horrible figures. The UK economy shrank by 0.4% in April, worse than expected and indicating a hangover in the economy after businesses stockpiled ahead of the original Brexit data – March 29th. Manufacturing output dropped by...

Australian Dollar: USD/AUD (AUD=X) starts week with losses

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Australian Dollar: USD/AUD (AUD=X) starts week with losses Aud/Usd has posted considerable losses in the Monday session. In North American trade, AUD/USD is trading at 0.6963, up 0.54% on the day. On the release front, there are no major U.S. events. The sole event is JOLTS Job Openings, which is expected to tick up to 7.50 million. Australia releases NAB...

Top 10 Hotels in Egypt

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Top 10 Hotels in Egypt The Nile Ritz-Carlton Set in the heart of downtown, between the Nile and the iconic Tahrir square, experience Cairo like never before at The Nile Ritz-Carlton. Discover gracious spaces and enjoy exclusive views of the river Nile and the Egyptian Museum from the rooms and suites. The luxury guest room accommodations provide a private oasis...

FTSE Bursa Malaysia KLCI (.KLSE) gains ground on improved sentiment

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FTSE Bursa Malaysia KLCI (.KLSE) gains ground on improved sentiment The FBM KLCI continues to gain ground Monday as market sentiments were boosted by the US-Mexico deal to avert a tariff war and optimism for a rate cut by the US Federal Reserve. At closing, the benchmark index rose 6.14 points, or 0.37% to 1,655.47. The market traded within a range...

President Trump Ready to Impose more Tariffs on China after G-20 Meeting

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Monday, President Trump said he is ready to impose another round of punitive tariffs on Chinese imports if he does not reach a trade deal with China’s President Xi at a Group of 20 Summit later this month. Since the trade talks last month in Washington ended in a stalemate, President Trump has said he expected to meet Chinese...

Risk is On, Wall Street is Buying and Hedging

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$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: From near-certainty on interest-rate cuts to signs of peace in President Trump's trade war, investors see the makings of an solid upswing in here. For now, many Wall Street traders see good reason to be Bullish as The Trump Tariff reprieve on Mexico boosts global stocks and drove emerging-market shares toward their biggest increase...