Fundamental view: In the previous week, Aussie traded high against the greenback. The US Federal Reserve members spent quite a lot of time in clarifying that they would not change the current monetary policy regardless of higher inflation. US Treasury yields fell with such comments, accelerating their slump on Friday, as inflation and rate hikes [...]
Fundamental view: During the initial half of the previous week, the yellow metal had to struggle to rise above $1,800 and it fluctuated in a horizontal channel. As the greenback came under sell trend in the second half of the week, yellow metal gained traction and touched its highest level of 1843 since March. The [...]
What is a bond? A bond is a fixed income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental). A bond could be thought of as an I.O.U. between the lender and borrower that includes the details of the loan and its payments. Bonds are used by companies, municipalities, states, and sovereign governments to [...]
The yellow metal prices on Friday has reached near a high of 2-1/2-month and were on track for their best week in five months, which is aided by a weaker dollar and a pullback in Treasury yields as investors cautiously await U.S. non-farm payrolls report which will be released at 12.30 G.M.T later today. Brian [...]
