The Federal Reserve and its leaders have done something unusual in 2019 for central bankers. They admitted they were wrong in their short-term and long-term outlook for the U.S. economy.
Barrick Gold to sell stake in Massawa project to Teranga for up to $430 mln
Canadian gold miner Barrick Gold Corp moved closer to its asset sales target on Tuesday by agreeing to sell its entire 90% stake in its Massawa project in Senegal to Teranga Gold Corporation for up to $430 million.
Stocks are little changed amid skepticism around reports of US tariff delay
Stocks were little changed on Tuesday as investors were skeptical of news that the U.S. could postpone the implementation of additional levies on Chinese goods.
Trade Tensions Remain High After President Donald Trump’s Comments
Trade tensions remain high after President Donald Trump’s comments on Tuesday that a deal may await after the November 2020 Presidential elections.
Is There More Hurt Ahead for Natural Gas or Can It Heat Up?
Future prices for natural gas “fell to a one-month low on Friday after plunging more than 12% for the week. The commodity Natural Gas is currently trading around $2.34 per million British thermal units, which is nearly 50% below where it traded a year earlier. It’s down 21% for 2019.”
Natural Gas Strong production combined with a much warmer outlook over next couple of weeks puts bears in firm control of the market
Until more convincing cold starts showing up in the models, downside risk will outweigh upside potential.
Fresh comments are hitting the wires from the Chinese Foreign Ministry, as reported
Fresh comments are hitting the wires from the Chinese Foreign Ministry.