| Commentary

Become a contributor

Bookmark Econotimes

| Commentary

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

United States building permits

Bank Indonesia keeps key interest rate on hold at 3.75 pct

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

Australian economic growth recovers strongly in Q3 2020

U.S. personal income and spending rose less than expected in August

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

U.S. vehicle sales fall again in November

U.S. durable goods orders sustain robust growth

Canadian inflation continues to ease, moving closer to the Bank of Canada's target

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

U.S. existing home sales rise above expectations in October

Germany's unemployment exceeds expectations in September

U.S. Q3 economic growth unrevised in second estimate

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

U.S. weekly jobless claims unexpectedly decrease

Canada's economy shows growth in July, but growth stalled in

©Econometrics LLC . All Rights Reserved.

Commodities snapshot (precious & industrial)

Tuesday, March 6, 2018 1:43 PM UTC

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

Gold:

Gold is struggling to gain as it failed to break key resistance around $1350 area and as strong dollar weighs.Higher this week on a weaker dollar. Today’s range $1319-1331
Gold is currently trading at $1331/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

Silver is up this week on a weaker dollar. Today’s range $16.68-16.37
Silver is currently trading at $16.62/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

Copper is the best performer of the week so far as it recovered on a weaker dollar. Today’s range $3.12-3.17
Copper is currently trading at $3.16/pound, immediate support lies at, $2.91 & resistance at $3.21

Gold	+0.64%
Silver	+1.03%
Copper	+1.12%

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Nicaragua Ends Visa-Free Entry for Cubans, Disrupting Key Migration Route to the U.S.

China Overturns Death Sentence of Canadian Robert Schellenberg, Signaling Thaw in Canada-China Relations

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Ghislaine Maxwell to Invoke Fifth Amendment at House Oversight Committee Deposition

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Trump Administration Appeals Court Order to Release Hudson Tunnel Project Funding

Sydney Braces for Pro-Palestine Protests During Israeli President Isaac Herzog’s Visit

Trump Congratulates Japan’s First Female Prime Minister Sanae Takaichi After Historic Election Victory

Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Commodities snapshot (precious & industrial)

Editor's Picks

Welcome to EconoTimes