Author Archives: trywalker

Gold’s rebound stops short of resistance

By | December 15, 2017

Since the September high, Gold has ‘only’ managed to shed 7.6% in value (if we look past the 9.1% it achieved by Tuesday’s low at the $1236.32). It was thanks to Wednesday’s FOMC meeting that Gold bugs were given a reprieve from bears as traders were positioned for a more hawkish meeting before… Powered by… Read More »

U.S. industrial output increases 0.2 percent in November

By | December 15, 2017

U.S. industrial production rose less than expected in November as a drop in utilities output offset a post-hurricane rebound in the oil and gas industries and the third consecutive monthly advance for manufacturing, the Federal Reserve said on Friday. Overall industrial output rose 0.2 percent… Powered by WPeMatico