Gold and silver are bouncing back after experiencing one of the sharpest corrections in precious metals in more than a decade. While short-term volatility is expected to remain high as markets adjust to recent moves, analysts suggest the recent sell-off is likely a correction, not a fundamental reversal, unless macro conditions materially change, ING Group’s latest report claimed. Gold and …
Continue ReadingSenators will introduce legislation on Wednesday to reauthorize funding for the United States Export-Import Bank for the next decade, as lawmakers try to inject an extra $70-billion into the agency to support US President Donald Trump‘s critical minerals push, the Financial Times reported on Wednesday. Kevin Cramer, a Republican senator from North Dakota is co-sponsoring the reauthorization legislation with Democrat Mark Warner, the report said. …
Continue ReadingThe EU is prepared to sign a memorandum of understanding with the US to develop a “Strategic Partnership Roadmap” within three months. The European Union will pitch the US on a critical minerals partnership to curb China’s influence, looking to shape the Trump administration’s push to strike global agreements this week. The EU is prepared to sign a memorandum of …
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