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Market News Report: December 16 – December 20, 2019

The markets were pretty quiet early last week ahead of Wednesday’s FOMC Rate Decision announcement. But it didn’t move them that much. All changed on Thursday following Donald Trump’s tweet about the coming trade deal. It set the...
Paul Rejczak | December 17, 2019 |

Daily Gold News: Friday, June 26 – Gold Retracing From Wednesday’s High

The gold futures contract lost 0.25% on Thursday, as it retraced some of the recent advance. The market got very close to $1,800 mark on Wednesday but then it has reversed lower. The recent economic data releases didn’t bring any new surprises for the financi...
Paul Rejczak | June 26, 2020 |

Market News Report: February 24, 2020 - February 28, 2020

The financial markets have been fluctuating for most of the last week. Then on Friday we got worse-than-expected PMI numbers release, and corona virus fears reappeared ahead of the weekend. So markets went risk-off again. This week we will have some important economic data rel...
Paul Rejczak | February 24, 2020 |

Tech Data Shareholders Thankful for Apollo Global's Raised Buyout Offer

Shares of Tech Data Corp. traded 12% higher today after Tiger Midco LLC, an affiliate of Apollo Global, raised its takeover bid for the company to $145 per share, an 11.54% increase over its prior $130 per share offer earlier this month. Global wholesale distributor o...
Streetwise Reports | December 2, 2019 |

Daily Gold News: Friday, May 29 – Gold at Yesterday’s High

The gold futures contract gained 0.09% on Thursday, as it extended its consolidation following bouncing off $1,700 support level on Wednesday. Gold has been trading within a downward correction after reaching new monthly high of $1,775.80 on Monday almost two weeks ago. ...
Paul Rejczak | May 29, 2020 |

Daily Gold News: Thursday, June 4 – Precious Metals’ Rebound

The gold futures contract lost 1.68% on Wednesday, as it got back to $1,700 price level. The market has retraced its recent advance despite weakening U.S. dollar. On Monday the price has reached slightly above $1,760 and yesterday’s daily low fell at $1,690.3...
Paul Rejczak | June 4, 2020 |

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...
Paul Rejczak | June 25, 2020 |

Market News Report: December 9 – December 13, 2019

Last week’s economic data releases brought volatility to the financial markets. Stocks sold off following worse-than-expected PMI readings, then they got back up after Friday’s huge Nonfarm payrolls beat. The price of gold rallied and then sold ...
Paul Rejczak | December 10, 2019 |

Texas Oil & Gas Firm Reports Positive Mid-Q3/19 Operations Update

Accomplishments and revised estimates are reviewed in a ROTH Capital Partners report. In an Aug. 22 research note, analyst John White reported changes to ROTH Capital Partners' model on Ring Energy Inc. (REI:NYSE) . ROTH lowered its target price on the company to $...
Streetwise Reports | August 28, 2019 |

Oil Price Fundamental Daily Forecast – IEA Sees Oversupplied Market, OPEC Forecasts Deficit

OPEC and the IEA appear to be at odds about supply in 2020, however, the focus for investors at this time is really on future demand growth. Helping to generate concerns about demand growth is the lingering battle between the world’s two biggest economies – th...
FX Empire | December 13, 2019 |
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