Yingxi Yu
Yingxi Yu
confidence data encouraged extend fall fund giving interest latest net shows
The fund interest is still very strong, probably also encouraged by the latest CFTC data that shows a fall in the net length, giving speculators more confidence to extend their long positions.
asset gold holds potential prices push role value
This has the potential to push prices higher. Gold has always had a traditional role as an asset which holds its value in times of uncertainty.
correction feature healthy largely last late major market rising since sort taken
The market has been rising without any major correction since late last year. This sort of correction was largely anticipated and it could be taken by some as a healthy feature to the market.
cannot conditions days few likely market nervous next quite remain ruled weakness
The market conditions are likely to remain quite nervous over the next few days and near-term weakness in the TOCOM market cannot be ruled out.
above gains impressive platinum recent rising seen strongly
Impressive gains are seen in platinum and palladium, which are rising strongly above their recent ranges.