Month: October 2022

The major European indices are ending the day with solid gains. Looking at the closing levels: German DAX, +1.58% France’s CAC, +1.59% UK’s FTSE 100 +0.64% Spain’s Ibex, +1.79% Italy’s FTSE MIB, +2.0% Looking at the daily chart of the German DAX, the high price today reached 13020.45. That was about 6 points shy of
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Polygon (MATIC) price could double by the end of 2022 or early 2023 due to a mix of extremely bullish fundamental and technical indicators. Polygon wins high-profile clients  MATIC rose by nearly 6.5% four days after Nubank, a Brazilian fintech company backed by Warren Buffett’s Berkshire Hathaway and Softbank, confirmed that it selected Polygon’s “Supernets
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Bloomberg with the report on continued COVID-related restrictions in China. This is in Guangzhou, the southern Chinese manufacturing hub that’s home to about 19 million people: All primary and middle schools in Haizhu district, where about 10% of the city’s total population lives, will halt in-person lessons from Monday. The restrictions come more than a
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Gold price prints mild losses while reversing from one-week high. DXY pares the first weekly loss in three amid geopolitical, market meddling concerns. Fed speakers’ absence, likely hawkish outcome from ECB could test XAU/USD bears. Preliminary readings of US PMI for October, Q3 GDP are also important for near-term directions. Gold price (XAU/USD) remains pressured
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By Themla Gower The 20th National Congress of the Chinese Communist Party has now ended. Here are the top ten public policy takeaways from this rare event. 1) COVID containment: until a stronger, domestically-produced vaccine is produced, nothing fundamentally changes2) Economic growth targets: becoming #1 in the world is now considered not necessary nor advisable3)
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As the Diwali festival approaches, millions of people in India and around the world prepare to celebrate. The vibrant festival is noted for its god worship, traditional gifts, lighting, decorations, diyas, sweets, and so on. Goddess Lakshmi, the Hindu goddess of fortune and prosperity, is associated with gold and is considered a vital aspect of
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