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China’s service PMI gets served, base metals lower

Covid reared its ugly head again on economic data, which saw China’s service PMI contract at its fastest pace since the pandemic.

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April 6, 2022 04:25 AM
Gold nuggets

For a month of ‘heavy metal’, gold hasn’t done too badly

To say March has been a volatile ride for metals would be an understatement. Yet despite sustained losses for palladium and platinum, gold seems less willing to break lower.

commodities trading

European Open: Palladium set to track gold higher?

Whilst gold has stolen a few headlines this week, we see the potential for palladium to make a rally of its own.

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Weekly COT Report: NZD flips to net-short as bulls capitulate

Kiwi bulls appeared spooked last week as we saw gross longs closed at their second fastest rate on record.

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