[MARKET UPDATE] Metal prices extend on losses with spot gold now down 4.4% and spot silver down 6.0%, with the Trump admin said to be preparing for Warsh nomination
The sharp declines in gold and silver prices, with gold down 4.4% and silver down 6.0%, signal a significant bearish trend in the metals market.
[MARKET ANALYSIS] Dollar gains amid Warsh Fed chair nomination speculation
[MARKET ANALYSIS] T-note futures trickled lower amid potential Warsh Fed Chair nomination
[MARKET UPDATE] Metal prices extend on losses with spot gold now down 4.4% and spot silver down 6.0%, with the Trump admin said to be preparing for Warsh nomination
Trump administration is said to be preparing a Warsh Fed nomination, according to Bloomberg
Indonesia IDX Exchange CEO resigns following recent market rout, and says hopes resignation makes capital markets better
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This could be driven by fears or uncertainty regarding monetary policy as the Trump administration prepares to nominate Warsh, a figure known for potentially hawkish views, which may spur expectations of tightening and strengthen the USD, ultimately impacting commodity prices.
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