Markedly lower European Union growth forecasts combined with reduced expectations of a US-China trade agreement before March 1st moved the U.S. dollar higher and commodity prices lower last week.
Markedly lower European Union growth forecasts combined with reduced expectations of a US-China trade agreement before March 1st moved the U.S. dollar higher and commodity prices lower last week.
The FOMC 2-day meeting ended on Wednesday with the U.S. Federal Reserve Bank leaving the Fed Funds target rate unchanged and indicating it would adopt a patient and more flexible stance on monetary policy going forward.
This year is the 50th anniversary of the first manned mission to land on the moon. On 20 July 1969, Neil Armstrong and Edwin ‘Buzz’ Aldrin became the first humans to walk on the moon as part of NASA’s Apollo 11 mission.
Reports on Friday the Federal Reserve Bank would end its balance sheet wind-down sooner than expected help weaken the U.S dollar and supported U.S. stock markets.
Firm’s low-cost gold ETF, BAR, leads the way pushing over $430 million
NEW YORK– GraniteShares, a disruptive exchange-traded fund (ETF) company, has become one of the fastest-growing asset managers in the U.S. by accumulating over $500 million in assets under management (AUM), representing 1,180 percent growth over the last year alone.*
This surge is led by the GraniteShares Gold Trust (NYSE Arca: BAR), which has swelled past $430 million in AUM**, having already attracted $113 million in 2019. With an expense ratio of just 17.49 basis points, BAR is one of the lowest-cost ways to invest in gold.
Despite increased estimates of the cost of the government shutdown on U.S. GDP and the disruption of some government issued economic reports, the U.S. dollar strengthened and U.S stock markets rose on reduced concerns of slowing U.S. growth, optimism over a U.S. China-trade agreement and a much-stronger-than-expected industrial production report released on Friday.
uoyed by US-China trade talk progress, FOMC minutes indicating a more flexible U.S. Federal Reserve Bank and a weaker-than-expected CPI number, the S&P 500 increased 2.5% and the U.S. dollar weakened 0.57%.
Platinum plays a key role in modern cochlear implant technology, which has revolutionized the lives of patients.
erns over weak China and U.S growth primarily responsible for setting the tone.
Specialty silicones are a growing business, and platinum’s catalytic properties are key to their formulation in a process known as ‘curing.’