EQX240719P7500
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Equinox Gold Newsroom
Indivior Cuts 2024 Outlook, Joins BP And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Tuesday.Shares of Indivior PLC (NASDAQ:INDV) fell sharply in today's pre-market trading after the
Gold prices fell after investors took profit, ING said the gold rally will continue until the end of the year.
USA gold futures fell sharply on Monday as investors took profits. Last week, the price of gold rose sharply on expectations that the Federal Reserve might lower interest rates in September.
Precious Metals Continue to Grow – TDS
Precious metals continued to perform well in a holiday-shortened week, TD Securities Senior Commodity Strategist Ryan McKay notes.
Silver Price Analysis: Silver Probably Rising in C Leg of Measured Move
Silver (XAG/USD) has decisively broken out of the descending channel it was in during the second half of May and June.
Huaxi Securities: Gold is currently in a long upward cycle and if the price falls in the future, it is expected to drive central banks around the world to purchase gold again.
According to a strategy research report from Huaxi Securities, in the long term, gold is in a large upward cycle. Firstly, in recent years, the scale of US debt has been expanding at an accelerated pace, and the pressure of interest payment continues to rise. After the conflict between Russia and Ukraine, the United States imposed financial sanctions on Russia, which has impacted the credibility of the US dollar. Due to concerns about the risk of US dollar credit and US dollar assets, central banks worldwide continue to increase their gold reserves.
Optimistic prospects for interest rate cuts have led to a general increase in major overseas asset classes such as US stocks, gold, silver, and crude oil. Weekly report on major overseas assets.
After the release of non-farm data for the week of July 1-5, the US stock and bond markets rose and the US dollar came under pressure. Upon realizing the 'data detail' that the data in the first two months before non-farm was cut by 0.11 million, US bonds sharply rebounded and the yield curve became steeper.
Gold and silver hit new one-month highs! Behind it is not only the boost of non-agricultural employment, but also the "big purchases" of the Reserve Bank of India.
The Non-Farm Payroll report released a significant signal of cooling in the US labor market, with expectations of a Fed interest rate cut rising and the US dollar under pressure. India's central bank gold reserves increased by over 9 tons in June, the highest level since July 2022.
Amidst the low battery prices, hedge funds quietly bought physical cobalt.
This year, the sales of electric autos have been weaker than expected and the cobalt market has experienced a record oversupply, causing spot cobalt prices to drop to a seven-year low. The cobalt futures price, which will be delivered in one year, is already 20% higher than the spot price. A significant spot discount creates opportunities for arbitrage.
The Fed's Ambivalence: What Investors Can Expect from Its Dovish Shift
While the Federal Reserve has kept interest rates unchanged, recently released economic data such as PCE, CPI, and the unemployment rate suggest that inflation is trending in the right direction, leading the market to believe that a cycle of decreasing interest rates will begin soon. However, the debate continues; it's not about "whether or not," but rather "when and how" rate cuts will occur.
Gold Pushes Higher as Investors Expect Fed Will Start to Ease
Gold headed for a back-to-back weekly gain on expectations that the Federal Reserve will trim interest rates before year-end, with traders looking ahead to US payrolls data for the next batch of clues on the outlook.
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.
Delivery concerns reoccur! The near-month copper price differential is once again on the rise.
Summary: The COMEX copper price curve has shifted downwards from before, and the curve has further converged in the near term, but the monthly difference in the near term has risen again. Currently, there are only two weeks left before the delivery of the July contract, but there is still no sign of delivery, and the holding position of the July contract is still relatively high. In addition, the continuous depletion of COMEX copper inventory is currently less than 10,000 tons, so the near-term price difference has widened again, reflecting the market's concern about the upcoming delivery. The next two weeks will be critical. Key insights: 1. Last week, precious metals and copper prices fluctuated.
Stocks in Play: Equinox Gold Corp.
Equinox Gold Welcomes Ontario Premier Doug Ford and Greenstone Mine First Nation Partners for a Gold Pour at the Greenstone Mine
Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) ("Equinox Gold" or the "Company") had the pleasure of hosting First Nation and Ontario government dignitaries at its Greenstone Mine.The Honourable Do
Equinox Gold Announces "Ride to Greenstone" Fundraiser
Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) ("Equinox Gold" or the "Company") today is launching the Ride to Greenstone, an epic 3,634 km bike relay from Vancouver, BC to Geraldton, Ontario, to
Equinox Gold (EQX) Receives a Hold From RBC Capital
RBC Raises Price Target on Equinox Gold to CA$10 From CA$8, Keeps Sector Perform Rating
RBC Raises Price Target on Equinox Gold to CA$10 From CA$8, Keeps Sector Perform Rating.
金银铜全线熄火 涨势就此完结？分析师：为时尚早 未来12个月将继续走强
尽管黄金、白银和铜的价格均从高位小幅回落，但仍交投在历史高点附近，并且，分析师预计，这三种金属将在未来12个月内继续走强。
TD Cowen Maintains Equinox Gold(EQX.US) With Buy Rating, Raises Target Price to $6.95
TD Cowen analyst Arun Lamba maintains $Equinox Gold(EQX.US)$ with a buy rating, and adjusts the target price from $5.87 to $6.95.According to TipRanks data, the analyst has a success rate of 40.0% and