Gold is testing key price levels amid hopes for a deal between the US and China
Gold Prices The price of gold is approaching a monthly low of $ 1,446 amid growing expectations for trade between the US and China. A recent change in the price of gold limits the risk of a decline in value as a resistance zone of $ 1,447, which acts as support. US Trade Transaction - China President Donald Trump has a tendency to
Scandinavian banks laundering crisis
The shares of the Scandinavian bank Skandinaviska Enskilda Banken (SEB), accused of redirecting illegal funds from the Soviet Union, recovered after a statement refuting the charge. The stock is 11% lower than before the revealing release of the Swedish broadcaster SVT. Danske Banc will allocate $ 295 million to expand the anti-money laundering system and freeze employment, excluding regulatory positions. The
Gold and oil sales according to plan for November 21
Gold According to the current state, gold is consolidating between marks 1479 and 1465. A pattern in the form of a “V” for sale has formed. To enter the market according to pattern V, which was formed within the consolidation, it is necessary to break through the level of 1465. This level is the minimum of yesterday. This is an additional confirmation
Clash of the Titans: Bloomberg vs. Trump. Who has a chance to win?
Former billionaire and mayor of New York Michael Bloomberg will take part in the 2020 presidential campaign. The American philanthropist will fight for victory to become the leader of the US Democratic Party. The businessman’s political strategists said Bloomberg’s main goal was to defeat incumbent President Donald Trump and unite Democrats and Republicans against him. According to the entrepreneur, there should
Chinese Stocks Closed Lower Amid Concerns Over Trading
On Friday, Chinese stocks closed lower amid doubts about the prospects for trade negotiations between China and the United States. The Shanghai index sank to a three-month low. Since August 26, the Shanghai Composite fell 0.6% to 2,871.98 points minimum. Both indices finished in the red. The blue chip index CSI300 fell 0.9% to 3.828.67 points. Over the week, the index lost