EUROPEAN FISCAL: [Repeat] German Budget Deficit Not Pointing To Large Gaps (1/2)
Jun-24 07:28
[Re-posting from yesterday evening] German government fiscal data showed a low core budget deficit ...
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
IRAN: Foreign Ministry Spox Says Cannot Say Agreement is "Imminent"
May-25 07:18
- "IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS WE'VE REACHED A FRAMEWORK BUT NO BODY CAN SAY THAT AN AGREEMENT BETWEEN THE U.S. AND IRAN IS IMMINENT" - Reuters
BONDS: US and UK Roll Pace (updated).
May-25 07:13
UK Markets are closed Today for the Bank Holiday. US Futures are Open:
- WNA: 57%.
- USA: 51%.
- UXY: 48%.
- TYA: 52%.
- FVA: 53%.
- TUA: 51%.
- Gilt: 69% (as of Friday).
SILVER TECHS: Sights Are On Support
May-25 07:05
- RES 4: $107.341 - 76.4% retracement of the Jan 29 - Mar 23 sell-off
- RES 3: $100.000 - Round number resistance
- RES 2: $99.331 - 61.8% retracement of the Jan 29 - Mar 23 sell-off
- RES 1: $89.374 - High May 13
- PRICE: $77.786 @ 08:05 BST May 25
- SUP 1: $70.869/61.007 - Low Apr 29 / Low Mar 23 and bear trigger
- SUP 2: $60.000 - Round number support
- SUP 3: $56.496 - Low Dec 4 ‘25
- SUP 4: $53.345 - Low Nov 28 ‘25
The recovery in Silver since Mar 23 appears to have been corrective and the pullback from the May 13 high highlights a possible reversal. A continuation lower would open $70.869, the Apr 29 low. Clearance of this support would expose $61.007, the Mar 23 low and bear trigger. Key short-term resistance has been defined at $89.374, the May 13 high. Clearance of this hurdle would reinstate the recent corrective cycle.
