Daily Close | Forex, Metals, Oil, Agriculture April 29, 2021



The weather in Florida is good with a few showers or dry weather to promote good tree health and fruit formation. Mexican crop conditions in central and southern areas are called good with rains, but earlier dry weather might have hurt production. Dry weather continues to threaten Cotton everywhere in the Great Plains although a few showers are in the forecast. Stress to trees could return if the dry weather continues as is in the forecast. The US stock market has been generally firm to help support ideas of a better economy here and potentially increased demand for Cotton products.
The demand for US Cotton in the export market has been strong even with the Coronavirus causing disruptions at the retail level around the world. It is dry in western and southern Texas and the planting of Cotton is being delayed.


In response, investors bid the dollar higher against the euro and the Japanese Yen but the greenback’s performance versus other currencies was mixed. The Bank of Canada ignited a fire underneath the Canadian dollar when they reduced asset purchases and brought forward their forecast for tightening this month.


He is well known for combining technical, fundamental and sentiment analysis into one accurate conclusion about the gold market. He writes a bi-weekly in-depth analysis for one of Germany´s largest gold and silver retailer the “pro aurum group”. As well he is publishing his bi-weekly comprehensive for his numerous international readers focusing on Gold, Silver, Mining, commodities and cryptocurrencies. Only 5% of green energy based on solar panels using Silver is at present opposing 95% of traditional energy production.
Here we have a near self-regulative counter mechanism from the influences of investor-driven price spikes kept Silver mostly range-bound. In the case of Silver and its exposure to spoofing practices of various market participants, the principle is the same. As soon as silver prices rise, the industry walks away from intense Silver usage. His unique has an outstanding track record and helps investors all over the world to make better decisions in the gold-market.
You hear endless stories about the use of Silver in green energies.

United States

Standing around the top of the Nasdaq today is, last seen up 18.5% at $29.40, after announcing a fiscal third-quarter earnings and revenue win. I could certainly go into a whole long discussion about the Fed and its roles and mandates, but that’s a topic worthy of its own essay. Research from our team of in-house analysts has been quoted by The Wall Street Journal, Bloomberg, MarketWatch, USA Today, Kitco, Reuters, US News & World Report, CNBC, and more.
He has been quoted in a variety of financial news publications, such as CNBC, the Wall Street Journal, and the New York Post. In other news, Wall Street had a deluge of to dig through this morning. Ask not for whom the (Nasdaq) bell tolls.


Also the approval process for the EU’s recovery fund, which needs to take place in every member country before the fund can become operational, became more tricky in Finland.