country flagالعربية

Precious metals trade higher as uncertainty surrounding Brexit

2019-10-21 09:17 am | Resource: News | No Views : 35

 Precious metals trade higher  as uncertainty surrounding Brexit

Precious metals traded with gains on Monday as uncertainty surrounding Brexit, the US-China trade war and fears of a global economic slowdown continued. In Britain, Prime Minister Boris Johnson is competing round the clock to gather support for his deal on Brexit, where MPs postponed a vote on the deal over the weekend. Johnson will push for a meaningful new vote today.

Meanwhile, the first trade agreement between Washington and Beijing is signing the deal at the Asia-Pacific Economic Cooperation (APEC) forum in November.

On the other hand, Japan reported weak export data, which fell 5% year-on-year while the Chinese economy continued to slow, according to data released earlier.
Wall Street shares rise and focus on Brexit

Wall Street shares traded on the green market on Monday as the Brexit is still in focus. British lawmakers adopted the Litwin amendment on Saturday, which forced Prime Minister Boris Johnson to demand a postponement of Britain's exit from the European Union. At the same time, the US reportedly withdrew its troops from its largest base in Syria amid a ceasefire between Turkey and Kurdish forces.

SAP said on Monday its third-quarter revenue was 6.79 billion euros, an increase of 13% over the same period last year. Halliburton is expected to release earnings later today.
  • The Dow rose 0.28% or about 70 points at 4:36 am EDT.
  • The Nasdaq 100 jumped 0.35% at the same time.
  • The S&P 500 rose 0.34%. The euro was almost flat against the dollar, trading at 1.11758 at 4:36 am ET.

Precious Metals Trading
  • Gold rose 0.11% to 1,492.11 an ounce at 9:06 AM CET.
  • Silver jumped 0.93% to 17.71 an ounce.
  • Meanwhile, platinum rose 0.46% to 894.33 an ounce.
  • Palladium sister rose by 0.98% to reach 1,773.14 an ounce.

Other analysis

Best Opportunities, Vision and Technical Analysis for The Oil 17 April 2019

(CURDE OIL - WTI ) We offer you oil analysis denominated by US dollar on Wednesday, April 17, 2019, with the most important forecast for the price of oil denominated by US dollars in the market. Time frame Used - four hours Oil is moving in a sideway direction in the near term. The purchasing power managed to push oil higher to close at the end of trading today, rising…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.