Precious metals are apparently waking up. And here is where you can find the best deals.
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Democrats aim to pass the $1.9 trillion coronavirus relief bill before unemployment programs expire on March 14.
WATCH LIVE: Fed Chair Jerome Powell testifies before Congress — 2/24/21 10:AM ETFeb 24, 2021 - 07:03:38 PST
The U.S. House Committee on Financial Services holds a hearing on the Semiannual Monetary Policy Report to the Congress. Jerome Powell, chairman of the U.S. Federal Reserve, will testify on the state of the U.S. economy and monetary policy.
U.S. Treasury yieldsrise as worries around inflationary pressures renewed the selloff in longer-dated government bonds.
"The bond market sell-off has likely been amplified by CTAs as momentum signals shifted to their most bearish territory since 2018" - JPM
Rising Yields Reflect Worries That Us Stimulus and Virus Vaccines Will Stoke InflationFeb 24, 2021 - 06:44:14 PST
The bond market rout has brought the worst start to the year for fixed income investors in 6 years
Some policy shifts recently announced by the Indian government in its Union Budget will likely have a positive impact on the country's gold market. India ranks as the second-largest gold-consuming country in the world, second only behind China.The three key policy changes that will likely affect the gold market are:
Fed Powell signaled that the central bank was nowhere close to pulling back on its support for the pandemic-damaged U.S. economy even as he voiced expectations for a return to more normal, improved activity later this year.“The economy is a long way from our employment and inflation goals, and it is likely to take some time...
The three-week selloff in global bonds looks to be attracting the attention of quant funds that follow market trends -- and they have been adding fuel to fire.U.S. debt extended declines across the curve on Wednesday, with 10-year yields at a one-year high and closing in on 1.40%.
China's PBOC Joins Cross-Border Digital Currency Project With Other Central BanksFeb 24, 2021 - 05:39:53 PST
One analyst said the People's Bank of China's involvement in the project hints at its long-term intentions to internationalize the yuan.
The Bank of Japan (BOJ) must conduct a genuine review that takes a harder look at the rising side-effects of prolonged easing, former central bank Dep
The European Central Bank (ECB) is expected to announce a 12-month extension to the most favorable interest rate on the TLTROs by the end of this year
The unprecedented $9 trillion rescue mission by central banks to haul the world economy from its coronavirus recession is being tested as rising bond yields and inflation bets threaten their ability to keep borrowing costs down. While Federal Reserve Chairman Jerome Powell this week called the recent run-up in bond yields “a statement of confidence” ...
Treasury Yields Rise Slightly Ahead of Fed Chair Powell's Second Congressional TestimonyFeb 24, 2021 - 05:26:35 PST
U.S. Treasury yields fell on Wednesday morning, ahead of Federal Reserve Chairman Jerome Powell's second speech on the economy later that day.
Total mortgage application volume fell 11.4% compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.
Quarantine-Free Travel May Be One Step Closer With New Travel Industry AppFeb 24, 2021 - 05:21:11 PST
A new app from the International Air Travel Association could mark the first step in resuming quarantine-free international travel.
The U.S. is recording at least 71,500 new Covid-19 cases and at least 2,030 virus-related deaths each day, based on a seven-day average of JHU data.
The Federal Reserve expanded its record holdings of US Treasuries in the fourth quarter of 2020 as it continued monetizing the massive federal debt.The Federal Reserve added another $253 billion to its Treasury holdings in Q4 according to the Fed's Treasury International Capital data released on Feb. 16. That brought the central bank's US bond holdings to $4.7 trillion. The Federal Reserve now holds a record 17.5% of all US debt.
With the exploding copper price, most investors now believe the market and economy are heading towards a massive inflationary event. Today, the copper price surged another 0.14 cents and is up a stunning 21% since the beginning of February. However, if we look at some of the fundamental data...
Is something big coming in the silver market? Join Mike Maloney and Jeff Clark as they discuss recent events and what they may mean in the near future for silver investors
Gold markets were somewhat volatile during the trading session on Tuesday, but it looks as if there are buyers underneath yet again.