Gold keeps steadier on the day but price action still leaves a lot to be desired

Gold continues to be caught in a battle around key technical levels Gold is slightly higher, up by 0.15% to $ 1,844 levels currently but that’s not really telling much as we continue to navigate through the week. Looking at the near-term chart:For bank trade ideas, check out eFX Plus Gold is trading back towards […]

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Bitcoin’s 12% drop leaves it in a technical vacuum but there’s reason for optimism

Let’s find out who has the upper hand Wild price moves are no stranger to crypto traders and it looks like the volatility is back. After a one-way move from $ 1200 to just shy of the 2017, crypto has tumbled today. The alts have been particularly hard hit but bitcoin is also down 12% […]

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U.S. leaves tariffs on Airbus aircraft unchanged at 15%

© Reuters. A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse By Andrea Shalal and David Shepardson WASHINGTON (Reuters) – The U.S. government on Wednesday said it would maintain 15% tariffs on Airbus (PA:) aircraft and 25% tariffs on other European goods, despite moves by the European Union […]

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Steep capacity cut leaves airlines with overhedged jet fuel headache

By Jamie Freed and Florence Tan SYDNEY/SINGAPORE (Reuters) – The collapse in global passenger flights has left airlines with fresh challenges: how to manage overhedged jet fuel positions as oil prices crashed to just a third of some contracts agreed in anticipation of rising prices and solid air travel demand. A shattered global airline industry […]

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