Posts by Tomáš PotočekTomas is a professional trader and money manager on foreign exchange market from 2014. His main domain are commodities. Experiences gained due this period are transformed to consultant service for his clients to look around in the world of stocks, FX or commodities exchange. He sets up client’s portfolios, chooses right broker or teach them how to trade for themselves.
September 13 2022 🕓 2 min
The US Dollar index weakens by more than 0.7% this month. It helps gold to correct losses from last month. Volatility persists with inflation data ahead.
September 6 2022 🕓 2 min
OPEC+ reversed course and lowered supply by 100 000 barrels a day for the next month. Crude attacked $90 level.
September 2 2022 🕓 2 min
Determination in the fight against inflation confirms the hawkishness of the monetary policy. Gold reacted negatively and tested a level of $1700.
August 22 2022 🕓 2 min
Crude has declined more than 30% in two months. Iran's nuclear deal seems to be very close to an agreement.
August 19 2022 🕓 3 min
The price of gold is under 1800$ and demand is rising. China's import of Swiss gold was up by 147% in July. Fed remains a big question.
August 16 2022 🕓 2 min
Demand for oil in China is lower in a year-to-year comparison. Iran's nuclear deal could be reality in the near time.
August 12 2022 🕓 3 min
The U.S. inflation data surprised markets with lower numbers. With this optimism, gold tries to break above resistance.
August 8 2022 🕓 3 min
The fear of economic slowdown and high inflation hurt demand. The price of Crude Oil declines and the weekly change of open interest thus raises.
August 5 2022 🕓 2 min
The price of gold is volatile thanks to the geopolitical tensions in Taiwan, the global economic slowdown, and the Fed's monetary policy.