Gold Rebounds From Multi-Month Lows

Google+ Pinterest LinkedIn Tumblr +

1. Gold Rebounds From Multi-Month Lows

Gold prices rebounded on Monday from near four-months trough hit in the previous session as investors resumed trading after the Easter holiday. The noble metal gained further traction on higher crude rates, XAU/USD was last seen trading 0.2% higher at 1277.68 as of 7:18 GMT.*


 2. Oil Prices Rally As U.S. Prepares To Tighten Iran Sanctions

Brent and U.S. crude futures surged to nearly six-month highs on news reports that U.S. Secretary of State Mike Pompeo will announce “that as of May 2, the State Department will no longer grant sanctions waivers to any country that is currently importing Iranian crude or condensate.” CL_BRENT was last seen trading 2.7% , up higher, up $1.94 at $73.91 as of 7:20 GMT while Crude WTI (USOIL) was last seen trading at $65, up 2.5 percent or $1.61 from its last settlements


3. Dollar Firm In Thin Post-Holiday Trade

The US dollar edged up against key peers such as the euro and the yen on Monday, boosted by the relative strength of the U.S. economy. Today the USD opened higher against its peers but lost some steam against the Canadian dollar following a rise in crude oil prices. Trade will remain thin today as major markets remain closed for Easter Monday. This week traders will focus on the US GDP on Friday at 12:30 GMT, the BOC Interest Rate Decision on Wednesday at 14:00 GMT and the BOJ Monetary Outlook report on Thursday. Market consensus points to a no change in BOC and BOJ rates as central banks continue to adopt a dovish rhetoric on global growth concerns.***


You can find and trade all of the above mentioned CFD assets on BDSwiss Forex/CFD platforms.


*CNBC, April 22, 2019 2:48 AM ET
*Forbes, April 22, 2019 3:53 AM ET
***Reuters, April 22, 2019 03:07 AM ET

Important Upcoming Earnings Reports

Name Symbol Next Earnings Date
eBay EBAY Apr 23, 2019
Harley-Davidson HOG Apr 23, 2019
Coca-Cola KO Apr 23, 2019
Twitter Inc TWTR Apr 23, 2019
Procter&Gamble PG Apr 23, 2019
United Technologies UTX Apr 23, 2019
Verizon VZ Apr 23, 2019
Credit Suisse CSGN Apr 24, 2019
Enagas ENAG Apr 24, 2019
Facebook FB Apr 24, 2019
Tesla TSLA Apr 24, 2019
PayPal Holdings Inc PYPL Apr 24, 2019
Lithia Motors LAD Apr 24, 2019
Visa A V Apr 24, 2019
Caterpillar CAT Apr 24, 2019
Boeing BA Apr 24, 2019
UBS Group UBSG Apr 25, 2019
Wirecard AG WDIG Apr 25, 2019
Tractor Supply TSCO Apr 25, 2019
Intel INTC Apr 25, 2019
Barclays BARC Apr 25, 2019 AMZN Apr 25, 2019
Starbucks SBUX Apr 25, 2019
3M MMM Apr 25, 2019
American Airlines AAL Apr 25, 2019
Linde LING Apr 26, 2019
Deutsche Bank AG DBKGn Apr 26, 2019
Daimler DAIGn Apr 26, 2019
Chevron CVX Apr 26, 2019
Exxon Mobil XOM Apr 26, 2019


Risk Warning: Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. General Risk Disclosure