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From Bold to Boring
After a rollicking spring rally, gold has settled into a trading range that seems typical for a summertime slowdown. One indicator is now pointing toward a big surprise soon, however.
Expectations of interest rate cuts are putting pressure on gold and copper again, waiting for this week's PMI data to provide guidance.
Last week's released overseas macro data remained relatively weak, while Fed officials' statements were relatively hawkish, especially Federal Reserve official Bowman pointed out the possibility of interest rate hikes, which put pressure on the market, causing the US dollar to further strengthen against other currencies. This week, there will be intensive release of Euro-American PMI data, which will be a good guide for the market.
Swift Networks Group Secures AU$1.2 Million Contract Renewal With AngloGold Ashanti Australia
Swift Networks Group (ASX:SW1) secured a AU$1.2 million contract renewal with AngloGold Ashanti Australia for the delivery of 24/7 technical support and entertainment services, according to a Monday f
Unusual Options Activity: BEKE, TFC and Others Attract Market Bets, BEKE V/OI Ratio Reaches 100.9
EST Jun 28th Afternoon Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trend
Express News | Drilling Continues to Expand Gold Zones at Oko – 10.0M @ 9.7 G/T AU & 52.3M @ 2.1 G/T AU
Perenti Wins AU$450 Million Mining Contract Extension at Sunrise Dam in Western Australia
Perenti's (ASX:PRN) underground mining business, Barminco, won a three-year extension of its mining services contract at New York-listed AngloGold Ashanti's Sunrise Dam in the Goldfields of Western Au