About: lishitong
Recent Posts by lishitong
Gold Rebounds as Trade Policy Uncertainty
Fundamental Analysis *Gold prices gained support as investors shifted toward safe-haven assets following Trump’s auto tariff announcement. The metal tested key resistance levels but remained range-bound, as traders closely monitored US trade policy developments, which could determine gold’s next significant move. Technical Analysis * Technical Breakdown: Gold is trading higher after breaking above a previousContinue Reading
Gold Consolidates as Investors Await Key Tariff Decision
Fundamental Analysis *Gold prices remained range-bound as mixed sentiment kept the metal within a defined trading range. A slight rebound followed weaker US economic data, boosting safe-haven demand. However, gold’s long-term direction remains uncertain, with traders closely watching Trump’s tariff announcement on April 2, which could significantly impact market sentiment. Technical Analysis * Technical Breakdown:Continue Reading
Oil Prices Climb Amid US-Venezuela Tensions
Fundamental Analysis *Crude oil prices extended gains as US-Venezuela tensions escalated following former President Donald Trump’s threat to impose a 25% tariff on nations purchasing Venezuelan crude. This move aims to tighten pressure on Venezuela’s economy, potentially deterring key buyers such as China, India, and Spain. However, China’s impact remains limited due to its lowContinue Reading
CAD dips as Canada Snap Election Uncertainty
Fundamental Analysis *The Canadian dollar weakened as Prime Minister Mark Carney called a snap election for April 28, 2025, seeking a stronger mandate to address US tariffs on Canadian goods and Canadian sovereignty concerns. The resulting political uncertainty could weigh on fiscal and monetary policies, prompting investors to adopt a cautious stance and reducing investmentContinue Reading
PCE Data On Deck, Market Rally or Rate Jitters Ahead?
Monday,24 March 2025, 15:45 – U.S S&P Global Manufacturing PMI (Mar) The latest US S&P Global Manufacturing PMI for February 2025 rose to 52.7, the highest since June 2022, reflecting manufacturing expansion driven by a surge in new orders and output. The data was largely due to manufacturers preemptively increasing purchases in anticipation of tariffsContinue Reading
