Content
ISM Services Drops To A Barely Above Contraction Level Of 50.3%
Article By:
Mish Shedlock
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Monday, June 5, 2023 4:00 PM EDT
ISM manufacturing has been signaling recession for six months.
Gold: Looking For Important Clues In Unusual Places
Article By:
GoldBroker
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Monday, June 5, 2023 3:30 PM EDT
To figure out whether an asset is in a bull market, you don't just want to see the nominal value increase, you also want to see that asset outperform alternative investment options.
Models Hide The Shortcomings Of Wind And Solar
Article By:
Gail Tverberg
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Monday, June 5, 2023 2:48 PM EDT
Energy modeling misses important points.
The Tricky Rally In Gold Stocks – Don’t Be Fooled
Article By:
Przemyslaw Radomski, CFA
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Monday, June 5, 2023 12:38 PM EDT
It’s incredible just how weak mining stocks are at this time.
In this article: GDXJ
FTSE Fading Into The Finish
Article By:
Patrick Munnelly
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Monday, June 5, 2023 11:13 AM EDT
On Monday, the UK's FTSE100 experienced early gains, reaching its highest levels in over a week.
EUR/USD Price Analysis: A Drop To The 1.0630 Region Is Not Ruled Out
Article By:
Pablo Piovano
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Monday, June 5, 2023 11:00 AM EDT
EUR/USD adds to Friday’s marked pullback and drops to the 1.0680 area on Monday.
Analyzing The Impact Of Saudi Arabia’s Production Cut On Oil Prices
Article By:
Giles Coghlan
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Monday, June 5, 2023 10:51 AM EDT
Heading into the recent OPEC+ meeting, oil prices faced challenges primarily due to supply constraints rather than demand dynamics.
Currency Pair Of The Week - USD/CAD
Article By:
Fawad Razaqzada
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Monday, June 5, 2023 10:01 AM EDT
What makes the USD/CAD our currency pair of the week is the upcoming policy decisions from the Bank of Canada this week and the Federal Reserve next week.
USD/CAD Forecast: Rising Oil Prices To Support CAD
Article By:
Yohay Elam
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Monday, June 5, 2023 9:56 AM EDT
Today’s USD/CAD forecast is bearish. The Canadian dollar maintained its strength against the US dollar amid Saudi Arabia’s significant production cut announcement. This caused a more than 1% increase in crude prices.
USD Index Price Analysis: Extra Gains Target The May High Near 104.80
Article By:
Pablo Piovano
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Monday, June 5, 2023 8:50 AM EDT
DXY’s rebound picks up pace and tests 2-day highs past the 104.00 hurdle on Monday.
In this article: UUP