GOLD 0.51% $1,391.7 gold futures

Well last week saw some nice stimulus China - and of course the...

  1. 13,048 Posts.
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    Well last week saw some nice stimulus

    China - and of course the long dated 30 bln loans in repo Tuesday and Thursday

    China agin today annouces special loan programs- money expected to be approved and lent within 2 days at 100 bps below one year rate with preferences to certain industry first- program expected to run weekly

    jobs figures on Friday blow out of the park with gig economy but survey - well its a survey and of course they quietly revised the bumper 2018-2019 jobs created down by the biggest in decades....opps -501000

    ahh well till some more cheap money on Tuesday in USA In Suspect

    certainly USA dollar coming come with greenback grinding higher on I assume fear trade or the fact that their economy isn’t affected by the distribution of the virus as in China

    Good luck
    https://www.google.com.au/amp/s/www...ory/guid/272863B2-C422-11E9-839F-B6A7BC3F2202
 
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