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Pres. Trump speaking live from the rose garden on China and potential sanctions The president is scheduled to address the press at 2 PM ET on China including potential actions President Donald Trump has discussed targeting China's financial sector through sanctions and trade policy in retaliation for Beijing's moves to c

Trump press conference coming up at 2 pm This was out a short time ago from : Bloomberg President Donald Trump has discussed targeting China's financial sector through sanctions and trade policy in retaliation for Beijing's moves to curb Hong Kong's autonomy, according to people familiar with the matter. This is a t

Drilling continues to contract Drilling rigs continue to drop. If you believe in a strong 2021 rebound and return to strong demand for oil, there's going to be shortages. I think it's more of a 2022 or 2023 story but either way, there's no money coming into US oil and gas.

A record number of contracts went to delivery yesterday It's tough to estimate the impacts of the physical gold trade on price but it's been undoubtedly a massive headache and opportunity. 

We finally have the time Come to be letdown at the strength of China sanctions, stay for whatever rant he goes on about Twitter and the Minnesota protests. See here for global coronavirus case data

That's a whopper We're not going to get the first look at Q2 GDP until late July so it's probably far too early to be reporting on a GDP tracker. The reality is that it's heavily reliant on April data at the moment and that's going to be the low point. As we get more […]

For the week major indices close sharply higher The major indices are closing the day lower with the UK's FTSE 100 leading the way to the downside: For the week, the major indices closed sharply higher with the France's CAC and Spain's Ibex leading the way:

Dow has best performance in 7 weeks. Second straight week of gains for the major indices The major US stocks and see some squeeze higher into the close as sanctions on China are less than feared.  The NASDAQ led the way with a gain of 1.29%. The Dow ended lower as investors shifted back to the&a

Traits the highest level since March 11 The July contract moved up to a high of $35.77 in the last hour of trading. That was the highest level since March 11. The price is settling at $35.49, up $1.78 or 5.28%.

The low for the day is at 1.11896. The 100 hour MA is at 1.22853 The GBPUSD has moved down to test the low for  the day.  That move has nearly completed the up and down lap that saw the price move up 1.23932 at the high (new high for the week and highest level […]