User Tools

Site Tools


0_public:jargon:rally

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
0_public:jargon:rally [2024/12/02 19:47] – removed - external edit (Unknown date) 127.0.0.10_public:jargon:rally [2024/12/02 19:47] (current) – ↷ Page moved from jargon:rally to 0_public:jargon:rally pointnm
Line 1: Line 1:
 +====== Rally ======
  
 +//Gold's upward rally continues with spot prices reaching a record high of US$2,265.73/oz yesterday following inflation data from the US late last week.// 
 +
 +//However, stronger-than-expected US factory data for March dampened the rally in gold as the trading session progressed.//
 +
 +Lower net-long wagers and reduced open interest indicate that physical buyers may be playing a role in the rally.((https://archive.ph/Juhz9#selection-1689.0-1689.113))
 +
 +//The <wrap hi>compounded effect</wrap> of geopolitical risks and demand recovery is poised to push oil prices higher, potentially affecting the broader energy market, including natural gas, as market dynamics shift.//((https://www.nasdaq.com/articles/natural-gas-and-oil-forecast:-middle-east-risks-elevate-bullish-oil-trends?time=1712035590))
 +
 +//Oil prices experienced a surge, driven by promising demand indicators from China and the U.S., alongside escalating Middle East tensions impacting supply concerns. Improved manufacturing activity in China and the U.S. hints at a robust demand rebound for oil.//((https://archive.ph/NSmhZ#selection-2811.0-2814.0))