Robin Bhar

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Last quote by Robin Bhar

Prices have found some support at lower levels. There's been some Chinese buying helping. Markets seem well positioned to work higher over the next two weeks.feedback
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Apr 19 2017 China
Robin Bhar has been quoted 14 times. The two most recent articles where Robin Bhar has been quoted are Copper steadies as Fed minutes hurt cyclical assets and Copper slips to 4-week low as inventories swell. Most recently, Robin Bhar was quoted as having said, “The minutes from the Fed yesterday talking about reducing the balance sheet, as well as rate increases, have introduced a bit more caution into the market. The dollar strengthened on the back of that. There have been lots of headlines about a bullish copper market going forward, with deepening deficits.”.
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Robin Bhar quotes

The data shows a March (interest rate) increase is not totally out of the question, it's probably 50-50. That's why gold sold off after the report, as the dollar rose.feedback

If you are a gold bull, it's encouraging and if you are a bear, it's worrying. The question is whether the dollar's losses are the start of a trend.feedback

That China data was disappointing, very weak in both manufacturing and non-manufacturing, which coupled with the ongoing turmoil on global markets and uncertainties about growth going forwards have helped gold to get above the $1,115/20 resistance level.feedback

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