Macro Mondays | Watch out for CPI!
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Welcome back to Macro Mondays with James Brodie - Trends, Risk & Analysis. On today's show James looks back on last week's disappointing data, this weeks upcoming CPI data, and key levels in markets, particularly looking at equities, fixed income and also gold. Precious metals are rallying again. The PBOC bought gold for 18th straight month in April, adding 60k Troy ounces to its reserves. In fact, Global central banks have bought 2,100 tonnes of gold in the last 2 years.&...
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Brent is back in the $80’s this week after a huge rebound and initial sell-off post-OPEC meeting. Crude flat prices are back to where we were pre-OPEC meeting, as the August contract fell to lows of $77/bbl before climbing all the way back up to $82/bbl this morning.The M1 refinery margins in...
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Macro-Economic Specialist James Brodie is joined by Onyx Research Analyst Harry Nedeljkovic to discuss what's been happening in the markets, including Friday's US pay roll data, The European elections over the weekend and the big moves in gold. James and Harry will also discuss the Trade of the...
Published 06/10/24
Published 06/10/24