What’s driving these markets? US Markets, Gold and Oil
Ed Moya joins me today for a broad look at the major drivers for the financial markets. With so many factors the could cause a drop it’s fascinating to see the markets ability to ignore these signs.
We focus on the strong rally in gold with comments on the near terms drivers that Ed sees as pushing gold to all time highs this year. Also a couple comments on the type of investors that are now entering the sector. Finally we wrap with a look at the oil price which continues to hang around the $40/barrel level.
Click here to visit the OANDA website and follow along with Ed’s daily note.