by Willard Kachere | Nov 19, 2020 | News & Analysis
Key Points Supply deficit is wideningInvestment demand on the riseAuto-Industry consuming more platinum by the dayHydrogen technology to drive platinum even higher. It could only be a matter of time before platinum prices start to rise as the precious metal is...
by Willard Kachere | Nov 18, 2020 | News & Analysis
Key Points Dollar weakens against major currenciesVaccine optimism causes some price set backTechnical analysis Palladium prices rose on last week, as the US dollar fell against its peers, amid optimism about the Covid-19 vaccines. The development of an effective...
by Willard Kachere | Nov 17, 2020 | News & Analysis
Key Points Vaccine rhetoric shores up crude oilChinese economic data ignites hope of recoveryCoronavirus second wave in Europe and U.S.Technical analysis Pfizer Inc’s (PFE; NYSE) vaccine, which is reported to be at least 90% effective is just pending more safety...
by Willard Kachere | Nov 16, 2020 | News & Analysis
Key Points Strong demand in ChinaSupply disruptions in ChileTechnical analysis China’s Gross Domestic Product for the third quarter of 2020 rose by 4.9% year on year, against market expectations of a 5.5% rise. The Chinese economy is displaying impressive...
by Willard Kachere | Nov 13, 2020 | News & Analysis
Key Points Brexit and the PoundMonthly ascending line200 Moving Averaging indicating a health uptrendKey pivot points A summit of EU leaders to be conducted on the 19th of this month is now broadly regarded as the final deadline for a preliminary Brexit deal. The...
by Willard Kachere | Nov 12, 2020 | News & Analysis
Key Points Yearly ascending channel200 Moving Averaging indicating an uptrendKey pivot points < Gold prices remain on the back foot as bulls endeavor to find support at the $1849.04 region. Prices tumbled from $1969.53 (monthly highs) after the news that an...
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