Tag: cap
Gold Prints a Triple Bottom, NFPs Could Cap Further Gains
XAU/USD Awaits NFP Data to Provide a Catalyst for its Next Move.Potential End of China’s Covid Flight Suspension Assisted Gold Rally.Range Between $1614-$1670 Still in Play.
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G7 have agreed to set a fixed price cap on Russian oil (price not yet set)
This is via Reuters (in brief), citing unnamed sources on the plan. An actual price cap on Russian oil will be set later this month, rather than adopting a floating rate.This is re...
After last week’s earnings dump of the major big cap companies, what’s on tap this week?
US stocks are set to open lower after the strong week last week when a number of the major mega cap companies announced their earnings. The Dow industrial average is higher this month...
US may set Russia oil price cap above $60
Bloomberg reports that the US may aim to set the Russian oil price cap above $60 per barrel. That's higher than previously the $40-60 range previously signaled.I'm starting to get the sense that...
XAU/USD Rallies with Fundamental Factors Likely to Cap Gains
Dollar Index Starts the week on the Back Foot.$1670 Level Remains Key for XAU/USD.Rate Hike Expectations and the Dollar Index Remain Key to the Precious Metals Next Move.
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Yellen: No decisions made yet on the dollar-level of the oil price cap
Here are two headlines that make no sense to me:We're not asking other governments outside the price cap coalition to do anythingPotential purchasers of Russian oil need to understand they will be subject...
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