Forecasts & Analysis |

Inventories decline year over year

Gold prices moved lower on Friday after testing resistance but finishing the week up 1.3%. The dollar moved higher in tandem with U.S. Treasury yields following a stronger than expected U.S. Inflation report. More substantial inflation will eventually force the Federal Reserve to change their tune on interest rates but

The Miami-based global cruise vacation company Royal Caribbean’s first-quarter earnings is expected to look similar to the previous quarter given it was another quarter of close to zero sailings, but remain upbeat on booking trends and sailing resumption, according to analysts at Morgan Stanley.

USD/CAD declined below the 20 EMA and is testing the next support level at 1.2550.

Levi Strauss & Co, an American clothing company known for its Levi’s brand of denim jeans, reported better-than-expected earnings and revenue in the first quarter of 2021 and raised its half-year revenue growth guidance on assumption that there will be no significant worsening of the COVID-19 pandemic or dramatic incremental

The stock is trying to settle below the $161 level.

Inflation is coming. Gold may benefit from it, especially if inflation turns out to be more long-lasting than central bankers and markets believe.

In keeping with its historical performance, April has started off white-hot. We ended March, and Q1 for that matter, with more questions than answers.

Silver declined below the support at $25.20 and is testing the next support at $25.00.

Gold futures are trading sharply lower on Friday, pressured by rising Treasury yields and a stronger U.S. Dollar. The moves are likely being fueled by profit-taking ahead of the weekend, but some are saying that robust economic data from China boosted hopes of a swift recovery. A fast paced recovery