What could spark a breakout for precious metals? Phil Streible explores the possibilities and key levels in today’s Metals Minute
In the latest tit-for-tat trade war move, China is cutting off exports of gallium, germanium, and antimony to the U.S. This move has one metals stock really heating up.
The dollar index (DXY00 ) Tuesday fell by -0.11% as it gave back some of Monday’s gains. Monday’s dovish comments from Fed Governor Waller that he supports a rate cut at the December 17-18 FOMC meeting...
Copper futures rose to a record high of nearly $5.20 per pound in May 2024. After correcting below the $4 per pound level in August and September, copper recovered only to return to the $4 level in November....
The dollar index (DXY00 ) today is down by -0.12% as it gives back some of Monday’s gains. Monday’s dovish comments from Fed Governor Waller that he supports a rate cut at the December 17-18 FOMC...
Precious metals surge overnight—Phil Streible breaks down the key drivers and levels in today’s Metals Minute.
The dollar index (DXY00 ) Monday rose by +0.69%. The dollar rallied Monday and garnered support from weakness in the euro due to political turmoil in France after France’s far-right National Rally party...
The six-month hold on BHP trying to take over Anglo American again has passed. The fundamentals of the copper market long-term suggest BHP - desperate to add more copper assets to its portfolio - will...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.81%. Stocks today are mostly higher,...
The dollar index (DXY00 ) today is up by +0.90%. The dollar is garnering support today from weakness in the euro due to political turmoil in France after France’s far-right National Rally party said...