FlowBank
en

1052 days ago

Gold rebound erases last year's losses pierces $1,875, up from yesterday

Inflationary fears could be driving the rising precious metal's price. ETF investors are becoming net buyers of gold. Other drivers could be the new covid strain especially strong in India, and commodities playing catch up.

#Commodities

1053 days ago

Spot gold prices continue rising near $1,850

Bond yields dropped, US retail stalled, and Asia grapples with a spike in covid cases. Investors may be warming up to the precious metal again, with hedge fund managers increasing their net bullish gold bets to the highest in three months, while data compiled by Bloomberg show holdings in bullion-backed exchange traded funds climbed for a sixth straight day.

#Commodities

1053 days ago

Cyclical sectors are outperforming this month

Cyclical sectors like materials, industrials and consumer discretionary are performing well this month (energy too), all up more than 7% compare to a slower overall S&P 500 that saw growth smaller than 2%. Commodity prices have risen which has benefited materials in their outperformance. Materials is the second best performer after tech and could threaten to usurp first position.

#Stocks #Commodities

1054 days ago

Energy rally could sustain in the short run but medium-term is murkier

Warren Buffet's Berkshire Hathaway disclosed investing in Chevron. Rising oil prices have fueled an earnings recovery for energy firms but the long term is not as bright suggest BMO capital markets. Secular supply and demand dynamics for oil could make it hard for the sector to outperform. Inflation could come as a major tailwind however. Summer could present an interesting period for oil as large scale recovery could be underway-- jet fuel and general gas demand could soar further. 

#Commodities

1054 days ago

Electric vehicles should have a massive impact on commodities demand

Source: UBS, The Visual Capitalist 

#Commodities
Electric vehicles should have a massive impact on commodities demand
More live news
bg_newsletter

Client Positioning


CFDs are complex instruments and are not suitable for everyone as they can rapidly trigger losses that exceed your deposits. You should consider whether you understand how CFDs work. Please see our Risk Disclosure Notice so you can fully understand the risks involved and whether you can afford to take the risk.


This website is owned and operated by FlowBank S.A, a company regulated by the Swiss Financial Market Supervisory Authority (FINMA) and a member of esisuisse. The list of banks and securities firms authorized by FINMA can be accessed here. Depositor protection in Switzerland is provided by esissuisse for a maximum of CHF 100,000.- per client. Details concerning this protection system are explained at www.esisuisse.ch/en

FlowBank is affiliated with the Swiss Banking Ombudsman. Therefore, if you wish to initiate a mediation procedure with the Swiss Banking Ombudsman after your complaint to FlowBank, please contact the Ombudsman according to the instructions provided on its website: https://bankingombudsman.ch/en/

 

The information on this site is not directed at residents of the United States, Belgium, Canada, or any person in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations.

 

Trading Forex and other leveraged products carries high risks and may not be apt for everyone. Before you consider trading these instruments please assess your experience, goals, and financial situation. You could lose your initial investment, so don't use funds you can't afford to lose or that are essential for personal or family needs. You can consult a licensed financial advisor and ensure you have the risk tolerance and experience.


Apple, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

FlowBank S.A, Esplanade de Pont-Rouge 9, 1211 Geneva 26, Switzerland
FlowBank S.A, Seidengasse 20, 8001 Zurich, Switzerland