Reports And Meetings.
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Reports And Meetings.
This week there are a couple of interesting reports and meetings around the world.
In South Africa, the BRICS members initiated their first in-person meeting in several years.
With an extensive guest list, let´s see what announcements are revealed.
In the U.S. central bankers are meeting in Jackson Hole; various statements will be released...on Friday, Mr. Powell speaks.
Yesterday, five more U.S. banks were downgraded, and about 10 more were rated as negative. We continue getting an enormous amount of information from this market segment that is rather alarming.
Technical buying and bargain hunting are driving metals higher.
IMG will keep you posted as data becomes available.
Short-term: Headlines are your buying opportunities.
Long-term: Fundamentals are your guide.
Much success to all. |
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