Author Archives: gtiqy

About those late-day bounces in Chinese stock markets

Shanghai Composite daily Bloomberg writes about the late-day buying in Chinese stocks this week, noting particularly strong bids in the final 20 minutes of trading in ETFs favored by China’s state-run agencies, or so-called National Team. “The pick-up in trading in Huatai-Pinebridge CSI 300 ETF and China AMC SSE 50 ETF helped the Shanghai Stock […]

Forexlive Americas FX news wrap: ECB cuts rates and highlights downside risks

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

It was a short week in the US stock market but a rough one

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

Citibank sees gold prices rallying to $3500 over the next three months

Citibank sees gold prices rallying to $3500 over the next three months. The previous estimate was $3000 with the average of $3250 during Q2 2025. Gold prices reached a high on Wednesday at $3357.92. The price is currently down $41.40 or -1.24% to $3298.59. Technically, the 100-hour moving averages rising and currently at $3260.83 just […]

Treasury Secretary Warns Removing Fed Chair Could Cause Market Instability

Earlier Pres. Trump railed on Fed Chair Powell (aka Too Late Powell) on Truth Social saying Megan Messerly’s X post reports that Treasury Secretary Bessent has been warning privately that removing Fed Chair Jerome Powell could cause market instability. Trump is reportedly aware of this, so even though he’s upset with Powell again, Powell’s job […]