Gene comments on stock, bond, dollar, oil & gold markets, with a particular emphasis on monetary policy, technology issues and S&P intraday action. The dollar is also weakening against a range of currencies, amid speculation that the time for a prolonged downward wave has arrived. The dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.51 per cent to 93.95. BL Research BureauThe Indian rupee (INR) that rallied initially last week, made a high of 74.5 on Wednesday against the US dollar (USD). Forex dealers said stronger Asian currencies against the US dollar this morning helped rupee bolster sentiment. I like selling strength in both pairs.”The franc rose to a four-month high of 0.9186 per dollar on Monday and is testing resistance at 0.9183. Trade strategy The dollar looks weak and the rupee is managing to remain above the crucial level of 75.
Its aim is to optimize the mining operations, reduce costs below $1,000/toz gold, and elevate gold production to the 200,000 toz per year level. As of the end of 2019, its resources contained 345,000 toz gold (including reserves) and its reserves contained 114,000 toz gold. The inferred and indicated resources contain 2.912 million toz gold, including reserves of 804,000 toz gold. The best results came from the Cochenour zone, where 6.09 meters grading 18.86 g/t gold, or 4.64 meters grading 22.1 g/t gold, were drilled. Rawdon (from 16,434 toz gold to 25,982 toz gold), and Cracow (from 22,227 toz gold to 27,428 toz gold). Meaningful quarterly production growth was experienced also at Mungari (from 23,721 toz gold to 37,178 toz gold), Mt. In Q4, Evolution produced 218,104 toz gold, 233,252 toz silver, and 6,684 tonnes (14.74 million lb) copper.
Photographer: Sean Gallup/Getty Images Europe Opinion Rising supply and faltering demand bode ill for oil prices, Bloomberg Opinion’s Julian Lee writes. OPEC+ will reduce their output cuts and North American production is recovering. Both have soared in the past few months, but the former would be exposed to any pullback in oil prices. Oil bulls will be uncomfortable. These turbochargers are typically used for gasoline and diesel vehicles, but the company has products for hybrid and hydrogen vehicles as well.
By sending federal troops to Portland, OR, the President and federal government are Portland can blame President Trump instead of the residents of the city. Today, Wall Street continues to use Zacks research including the Zacks Rank and Zacks Equity Research, which combines the best of quantitative and qualitative analysis. The major U.S. equity indices are likely to persist at elevated levels as long as the 9,750 and 3,030 levels hold in the Nasdaq 100 and S&P 500, respectively. Donald Trump said he can’t throw the opening pitch for the New York Yankees next month, as planned. Can we really expect the Fed to keep nominal yields capped even as long-term inflation expectations take off? The over 5% pullback in the Nasdaq 100 this week removes some of the downside potential from the table, but I still think there is more room to fall. Valuations don’t matter, trends get extrapolated, and the Fed put is part of almost all bullish narratives.
This after Beijing slammed Friday’s “forced entry” into its Houston consulate by U.S. personnel. Beijing said the U.S. broke diplomatic conventions by entering “China’s national property.”
“Losing weight is hard, but with some small changes we can all feel fitter and healthier,” Boris Johnson said.0