Image SUMMARY OF US APRIL CPI REPORT:Much to the satisfaction of Fed Chairman Jerome Powell, CPI comes in cooler than expected. US CPI rose 0.3% on the month, below estimates for a gain of 0.4%. Headline CPI inflation increased 3.4% Y/Y, matching expectations and slowing from 3.5% in March.U.S. core CPI rose 0.3% M/M, meeting estimates. Headline core CPI was up 3.6% Y/Y, decelerating from an increase of 3.8% in March. That is the lowest since April 2021.Instant Reaction: Stock Futures Rally $E-mini S&P 500 - main 2406(ESmain)$ U.S. Dollar Tumbles $USD Index(USDindex.FOREX)$ Bonds Yields Drop $US10Y(US10Y.BOND)$

For investors eyeing the copper market, there's more than just investing in the commodity or mining stocks. You can also consider copper ETFs and ETNs! Think of ETFs as baskets of copper-related companies or futures, while ETNs are a bit like bonds.Here's a handpicked list of 5 copper ETFs and 1 ETN in the US market, as of April 23, 2024:1. $Global X Copper Miners ETF(COPX)$ With an AUM of $2.12 billion, this ETF tracks the Solactive Global Copper Miners Index, covering exploration, development, and production companies. It's got a 0.65% fee and holds 37 stocks, heavyweights being $Ivanhoe Mines Ltd.(IVPAF)$ $Lundin Mining Corp.(LUNMF)$

Copper, as an important industrial metal, its price trend has been widely concerned by the global market. In recent years, copper prices have experienced a series of fluctuations. Especially last week, copper prices broke through the $10,000 mark for the first time in two years. This increase not only reflects the current heat in the copper market, but also reflects the global economy, supply chain and energy transformation. The intertwined influence of multiple factors has aroused heated discussions in the market. Will $10,000 be the end of copper prices? Starting from multiple fundamental factors, combined with the latest industrial data, this article will deeply analyze multiple factors affecting the trend of copper prices, and look forward to the future trend of copper prices.1. Distur

According to the World Gold Council's (WGC) recently released "Global Gold Demand Trends Report" for the first quarter of 2024, total global gold $Gold - main 2406(GCmain)$ demand (including off-exchange transactions) increased 3% year-on-year to 1,238 tons. With the strong demand, the average gold price hit a record high of $2,070 per ton in the first quarter, up 10% year-on-year and 5% quarter-on-quarter.Louise Street, a senior market analyst at the WGC, said:Since March, gold prices have risen to an all-time high, ignoring traditional negative factors like a strong dollar and high interest rates. The driving forces behind the gold price rally include rising geopolitical risks and persistent macroeconomic uncertainty, which are driving the d

Affected by factors such as geopolitical conflicts and fluctuations in the Fed's interest rate cut expectations, the contradiction in risk appetite in the capital market has become increasingly prominent, and commodity prices have also entered a stage of high volatility.Taking gold as an example, the price of gold has experienced a correction after experiencing the "crazy growth" . On April 22 local time, COMEX gold futures for June delivery fell 3.01%, the largest one-day drop since June 2022.Two factors "suppress" precious metalsFor a long time, geopolitics has been the first factor affecting the prices of gold and silver. With the gradual escalation of tensions in the Middle East, the market's demand for safe-haven assets such as gold and silver has also increased simultaneously. Howeve

Two months ago, $Citigroup(C)$ saw $3,000 an ounce in gold $Gold - main 2406(GCmain)$ by 2025 as an extremely optimistic anomaly, but Aakash Doshi, North America head of commodity research at Citi, said Tuesday that $3,000 is now a highly probable event.Doshi's comments come at a time when gold prices are in a consolidation phase near $2,400 after touching highs. Last week, gold hit an all-time intraday high of $2,448 before falling back sharply. However, commodities investor Dennis Gartman said that gold has entered a multi-year bull market cycle, looking to reach $3,000 in the next two years.One important reason to be so bullish on gold is that it is not just the rising price of the US dollar. Gold pri

As of the close on April 17, the three major U.S. stock indexes collectively closed down. The Nasdaq and S&P fell for the fourth consecutive day, the longest record since January this year.U.S. stocks have outperformed expectations in 2023, with the S&P 500, Nasdaq, and Dow Jones rising 24.2%, 43.4%, and 13.7%, respectively. The market has also given high expectations for the performance of U.S. stocks in 2024. However, since April, the U.S. stock market has encountered a series of complex factors, causing the market to continue to be under adjustment pressure.So does this mean that the long bull market in US stocks is coming to an end? Will the new round of earnings season bring turmoil to US stocks?As the global banking leader JPMorgan Chase released a mixed quarterly report last

*40+ yr cup and handle $Gold - Apr 2024(GC2404)$ *Large handle is a smaller cup and handle *Small handle has inverse head and shoulder forming inside This is where the true spot gold price breakout is.Image

Wednesday (April 17) Asian morning, spot gold basically stable, gold prices are currently located in the vicinity of $2383/ounce; by the impact of Fed Chairman Powell's hawkish remarks.Tuesday's New York session, $Gold - main 2406(GCmain)$ and $Silver - main 2405(SImain)$ prices briefly appeared to dive, spot gold is close to closing flat, spot silver closed down 2.6%. Federal Reserve Chairman Jerome Powell said on Tuesday that the recent inflation data suggests that the Fed may need more time to have enough confidence to cut interest rates. Powell pointed out that since the end of last year, the rapid decline in inflation, the Fed in the fight against inflation lack of more progress, if price pre

图片Last week, gold $Gold - main 2406(GCmain)$ broke above $2,448.8 an ounce for the first time in its history, but has since retreated below $2,400. Still, $Goldman Sachs(GS)$ analysts raised their year-end target for gold to $2,700 from $2,300 previously, based on continued buying by emerging market central banks.The price of gold has risen more than 20% in the past two months.Some say it's all about hedging risks with the Middle East situation escalating and Iran and Israel sharpening their knives. Others blame it on the options market and the NYMEX.However, more people are confused about the skyrocketing gold price, an important reason is that the US inflation data and the Federal Reserve's interest r

Gold $Gold - main 2406(GCmain)$ prices have set a new record for the eighth consecutive trading day, with spot gold prices surging to $2,364.96 per ounce during the session, and US gold futures prices rose even more, touching $2,379.70.Since mid-February, gold prices have rallied by over 18%.The World Gold Council (WGC) recently pointed out that the fundamental factors supporting this surge in gold prices include rising geopolitical risks, steady central bank purchases, and consistent demand for jewelry, gold bars, and coins.But there's something puzzling about this gold rally: it lacks a clear trigger. Right now, the markets are really scratching their heads over the Fed's next move.According to data from the CME Group, the market expects a 5

Driven by the escalation of geopolitical conflicts, market concerns about the tense situation in the Middle East and the interruption of energy supplies such as oil, international crude oil once soared sharply. The picture shows the price trend of the May WTI crude oil futures contract, which is currently hovering at $86.35.PictureFrom the perspective of supply and demand, the sluggish demand has led to no large-scale destocking even though OPEC continued to cut production. However, U.S. crude oil took the opportunity to seize market share and increased production and exports on a large scale. The global crude oil supply is not tight. The rise in crude oil prices is mainly due to the geopolitical crisis and speculative buying under the expectation of the Fed's interest rate cut. Looking ah

Spot gold briefly moved higher, setting a new all-time high at $2,356.06 per ounce on Monday. The breakout to the round number 2400 will continue this week!After reducing their gold holdings at the turn of the century, central banks are once again increasing their holdings of gold, and with great vigour.Geopolitical tensions have also intensified will further push up gold prices.Therefore, the downside risk of gold prices is limited, and the upside is still very large. The possibility of gold prices reaching $3,000 or $3,500 per ounce is much greater than the possibility of falling back to $1,600.The current strategy suggests that we still maintain the M buy idea, and when the subsequent price retracement occurs, buy on the low side of the main, should not enter the sell order.Lower attent

Copper is often seen as one of the "barometers" of the macro economy, because its price is greatly influenced by the overall economic environment. Its production and consumption are closely related to macroeconomic operations, earning it the nickname "Dr. Copper".If you're bullish on global economic growth, electric vehicles, and green energy, there's no reason not to be bullish on copper too. Fortunately, the US stock market offers investors a wide range of mining and metal companies, as well as exchange-traded funds (ETFs).Here are the 6 most worthwhile US stock copper stocks and ETFs for investors in 2024:CompanyTickerMarket Cap (in billions)Previous PriceYTD 2024Freeport-McMoRanFCX$67.30$49.4716.21%Invesco DB Base Metals FundDBB$9$19.054.10%Buenaventura MiningBVN$4.20$15.884.20%Taseko

In the past month, gold $Gold - main 2406(GCmain)$ prices are hitting new highs. And on the first trading day of April, the price of gold hit a record high of $2,265. Besides the latest inflation data in the US that solidifies the expectation of Fed rate cuts, precious metal prices are also supported by risk factors such as geopolitical tensions.Meanwhile, the price of large Gold mining stocks, represented by $VanEck Gold Miners ETF(GDX)$, is still down 2% over the past year; Junior Gold Miners, represented by $VanEck Junior Gold Miners ETF(GDXJ)$, are down 1.17% over the same period, puzzling investors.This is the biggest disconnect he's seen in his 25 years

The signal for $Barrick Gold Corp(GOLD)$ to stop falling is coming and the technical pullback can't stop gold's upward momentum! @TradersXauusdThe main $Gold - main 2406(GCmain)$ contract broke through $2,300 per ounce, hitting another record high. Spot gold continued its overnight gains in early trading, setting a new all-time high of $2,288 per ounce. Spot gold is also set to reach 2300 today and I have been stressing that gold will make further new highs, unsurprisingly!Are your buy orders still in place? $SPDR Gold Shares(GLD)$

Gold continued to break new highs in Asia yesterday on the back of weekend data and geopolitical factors, but the new highs didn't end there! XAUUSD (Gold) - Traders at X platform pointed this week will be the probability of breaking through 2300!The technical aspects of the European and American markets fell back, could not resist the momentum of the rise! 1H trend in the vicinity of touching 2228, maintaining the oscillator upward, the bottom of the bottoming success, today will further break through the new highs, the highs are concerned about the 2265.5 resistance, the probability of breaking through the resistance today to reach the new highs, remember to buy orders to trade mainly! More real-time signals, home page add my contact information!Image

Cocoa-producing regions, especially West Africa, have faced the brunt of climate change this year. Extreme weather and disease devastated cocoa production in West Africa, the source of 70% of the world's cocoa. This led to a nearly 138% surge in cocoa prices, exceeding $10,000 per tonne for the first time. Actually, cocoa futures continuously rose in 2023, with a yearly increase of over 70%.With Easter approaching, demand for chocolate has surged, driving cocoa prices up. Traders anticipate a global cocoa bean shortage, driving up chocolate prices.Meanwhile, the butter needed for chocolate production has also been steadily rising to €5700. Chocolate prices may increase either this year or next. According to Euromonitor International data, chocolate prices in the US market have risen by a t