Metal Markets Report For Monday, Jan 6
In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets.
WTI Oscillates In A Range Below $73.00 Mark, Downside Potential Seems Limited
West Texas Intermediate (WTI) US Crude Oil prices struggle for a firm intraday direction on Tuesday and oscillate in a narrow trading band, below the $73.00 round figure through the early European session.
Term Spreads In Advanced Economies One Year Ago, And Conditions Today
A year ago, Laurent Ferrara and I documented the explanatory power of the term spread for recessions across countries. Here’re the 10yr-3mo spreads in November 2023, and Q/Q GDP growth rates for 2024Q3.