Goldman Sachs says extreme silver price swings are to persists, both up and down, advises volatility averse clients to remain cautious; still see US tariffs on silver as unlikely
Goldman Sachs is warning that we should expect continued volatility in silver prices, suggesting both upward and downward swings.
PDVSA board member says only Chevron (CVX) are currently exporting Venezuelan crude; "We do not owe anything to the US"; if the US wants to have Venezuela's oil supply, it must pay for cargoes at international prices
Venezuela's PDVSA says it is in negotiations with the US to sell crude
Goldman Sachs says extreme silver price swings are to persists, both up and down, advises volatility averse clients to remain cautious; still see US tariffs on silver as unlikely
NY Fed RRP op demand at USD 4.58bln (prev. 2.58bln) across 8 counterparties (prev. 10)
Anthropic plans to raise USD 10bln at a USD 350bln valuation, WSJ reports
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This is particularly relevant for volatility-averse traders who might want to exercise caution in their positions. The comment on U.S. tariffs indicates a lower likelihood of external shocks, but the inherent price fluctuations could impact trading strategies.
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