Stocks And Precious Metals Charts - Phony Mexican Tariff Crisis

Stocks popped on the phony trade tariff conflict with Mexico being created and then resolved by Trumpolini.

Alas, the sugar high of such antics did not last, and stocks gave up much of their gains from the open but managed to hang on to the phony pop.

Gold and silver were hit hard, which was not entirely unexpected for the day after a Non-Farm Payrolls report and the recent run-up to some very stiff resistance at $1340.

The Dollar was slightly higher against the DX index of currencies.

Tomorrow we will be getting the PPI inflation number, and CPI the day after. This will all be input to the FOMC meeting next week.

Have a pleasant evening.
 

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.