|Day's Range||17.74 - 17.86|
The latest entrant in this universe is filmmaker Kabir Khan, whose The Forgotten Army starts streaming on Amazon Prime today (Jan. 24).His debut on streaming platforms follows the success of filmmakers such as Zoya Akhtar (Made in Heaven), Karan Johar (Lust Stories), and Anurag Kashyap (Sacred Games). Taking off from a documentary he made 20 years ago, The Forgotten Army is about the foot soldiers of the Indian National Army who sought to overthrow the British Indian government after World War II. The lesser known story of the Rani Jhansi regiment, the first female infantry regiment in the world, forms the core of the narrative.
A land of Incas, the Andes and the Amazon, Peru has weathered decades of a political upheaval and a major bribery scandal that has tainted presidents and politicians. From their ancient capital of Cusco in southeastern Peru, the Incas controlled a vast empire before being conquered by the invading Spanish in the 16th century. The civilisation's iconic Machu Picchu complex is a UNESCO World Heritage Site and Peru's most popular tourist spot.
Silver markets fell slightly during the trading session on Thursday, reaching down towards the 50 day EMA. This of course is an area where people pay attention.
Crude oil markets have broken down again during the trading session on Thursday, as we continue to see extended weakness in this marketplace.
Based on the early price action and the current price at 9189.75, the direction of the March E-mini NASDAQ-100 Index the rest of the session on Thursday is likely to be determined by trader reaction to a pair of 50% levels at 9184.50 and 9138.50.
Caution reigned supreme today in markets as Wuhan went into shutdown and those that were unfortunate enough to have China risk to cover were forced to do so amid dwindling liquidity on both the Yuan and SHCOMP.
Traders are looking for a lighter-than-average withdrawal for Thursday’s EIA storage report. Last year, the EIA recorded a 152 Bcf withdrawal for the similar week, and the five-year average is a withdrawal of 194 Bcf.
Every now and then, a media story will propose another wild or surprising reason that millennials aren’t saving for retirement. Whatever the spin, the common underlying theme is that millennials feel doomed by the circumstances of their time, which is fair enough. The pressures of student loan debt, stagnant wages, and job insecurity have led young people to feel that buying a home or saving for retirement are not real options.
Shortly before the opening on Wednesday, the latest 15-day outlook came in “marginally warmer,” according to Bespoke Weather Services. The pattern still showed a likelihood for “abundant warmth in the northern half of the nation, with the South generally held closer to normal.”
Silver markets went back and forth during the trading session on Wednesday, showing the continued lack of direction over the last week or so. That being said though, the market has plenty of technical levels to pay attention to.
Natural gas markets have gapped higher to kick off the trading session on Wednesday, as we may have value hunters entering into the markets. That being said, the market is very cheap at this point, and at this point it’s likely that we may get a bit of a “relief rally.”
The British pound shot higher against the Japanese yen during trading on Wednesday, as we continue to see upward pressure in general when it comes to this market. Remember, it is highly sensitive to risk appetite so keep that in mind.
Even though the beginning of yesterday’s session was rather uneventful, its remaining hours proved much more informative and meaningful. In fact, based on how the developments unfolded, we decided to go long silver.
Global markets rebound after virus-related fears subside. Risk is still present so traders should be cautious with equity markets trading at all-time highs.
I anticipate an exciting year for copper and gold which brings me to my Top Pick for 2020, notes Gerardo del Real, editor of Junior Mining Monthly; we note that this idea is only suitable for experienced investors aware of the risks of buying a micro-cap, penny stock.
Asian stocks and currencies are mixed as investors grapple with the extent of the coronavirus outbreak and its potential implications on the global economy.
Our recent research suggests the US stock market may be entering a period of volatility that may include a broad market rotation/reversion event. We believe this volatility event could begin to happen anytime over the next 10 to 30+ days.
A court in Spain said Tuesday it has opened an investigation into accusations that Spanish jewellery chain TOUS sold items it falsely claimed were made entirely of gold or silver, a charge the firm denied. Spain's National Court opened the inquiry after receiving a complaint from a consumer group that some of the company's products "are not entirely made of gold as indicated in its advertising," a court spokeswoman said. An investigating judge has summoned for questioning a TOUS manager as well as a representative of an independent company which certifies the quality of its products, the spokeswoman added.
Silver prices are choppy, as the metal is having a tough time moving away from the 18.00 level. With no key U.S. events on the calendar, traders can expect silver prices to remain steady on Tuesday.