Why has gold been trending higher over the last few days? In anticipation of a new stimulus deal before the election. Talks will resume Wednesday this week.

Despite the Federal Reserve’s steadfast narrative that fiscal measures are necessary to keep the economic recovery moving, White House Economic Advisor Larry Kudlow said over the weekend he does not think the recovery is dependent on it.

Oil refinieries and export ports were shut down due to Hurricane Delta, and the clean up effort is already showing signs of progress.

Each day Ira Epstein gets you up to speed on what happened in the metals futures markets. He focuses on relevant economic and geopolitical topics that affect the precious and base metal markets.

Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.

Markets are anticipating fiscal measures from Washington to complement the Federal Reserve doubling its balance sheet in the last year. For all intents and purposes, it seems the President has figured out how trading algorithms work; if he creates a market event but quickly rescues it, algorithms will take the tape higher than it was prior to the event itself.

Oil prices are also getting support because Saudi Arabia and Russia may be having second thoughts about raising oil output again next year. OPEC says they expect demand in most developed countries to fall by about 27% over next 25 years.

Each day Ira Epstein gets you up to speed on what happened in the metals futures markets. Ira focuses on relevant economic and geopolitical topics that affect the precious and base metals markets.

U.S. benchmarks are continuing yesterday’s strength in a snapback from Tuesday’s selling. The wave of weakness followed President Trump’s tweets on fiscal policy negotiations.

Each day Ira Epstein gets you up to speed on what happened in the metals futures markets. Ira focuses on relevant economic and geopolitical topics that affect the precious and base metals markets.