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Important Economic News Calendar: October 14 – October 18, 2019

The markets basically ignored the Fed talk last week, as U.S. - China trade war developments stole investors’ attention away from the scheduled news releases. But it was worth paying attention to our last week’s News Calendar that highlighted U....

BeiGene Shares Up 35% on Amgen's $2.7 Billion Investment and China Partnership

Shares of BeiGene Ltd. traded 35% higher today to a new a 52-week intraday high after announcing a commercialization agreement for of XGEVA (denosumab), KYPROLIS (carfilzomib), and BLINCYTO (blinatumomab) with Amgen Inc. in China. As part of the partnership, Amgen will invest ...

US COVID-19 Death Toll Higher Than China’s Now. Will Gold Rally?

This week, the US scored a sad record. The number of deaths related to the coronavirus in the US surpassed the death toll in China. What does it imply for the US economy and the gold market? US Epidemiological Situation Is Grim Just as people were overly optimistic befo...

Market News Report: April 13, 2020 - April 17, 2020

This week’s Market News Report will be a little shorter than usual. Last week’s economic data releases have revealed more coronavirus damage to the economy. Thursday’s weekly Unemployment Claims number has been close to 7 milli...

How China will drive silver to $250

Once upon a time, the Chinese government forbade ownership of all precious metals. But now, the ban has been lifted. In fact, China just introduced silver bars for investment. And now, state-run China Central Television (CCTV) is running a campaign encouraging the populati...

Important Economic News Calendar: October 28 – November 1, 2019

Brace for a very busy week on the financial markets! The Fed will decide about the U.S. monetary policy and the Bureau of Labor Statistics will release its usually important monthly figures. Will quarterly corporate earnings push stock prices to new record highs? Let&Clos...

Important Economic News Calendar: November 4 – November 8, 2019

The markets will likely take some breather in the coming week following last week’s huge economic data announcements. But that does not mean there won’t be trading opportunities coming from the data releases. Last week we asked if quarterly corp...

Daily Gold News: Thursday, June 25 – Gold Backing Off New Multi-Year High

The gold futures contract lost 0.39% on Wednesday after reaching new long-term high of $1,796.10. The market got very close to $1,800 mark but then it has retraced the whole intraday advance. The recent economic data releases didn’t bring any new surprises fo...

Important Economic News Calendar: November 18 – November 22, 2019

The Fed’s Powell testimony on the economy before Congress pushed stock prices higher last week. And it was worth paying attention to that news. But will the next set of economic data confirm the bullish outlook? Investors will have to focus on Wednesday&CloseCu...

Important Economic News Calendar: November 25 – November 29, 2019

The global financial markets barely moved last week as economic data releases didn’t bring any meaningful surprises. So will the Thanksgiving holiday week bring volatility to the financial markets? Actually, we may see some market movements in the first half of...
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