Conditions for gold shares improved, based on increased evidence
for economic softness and a further pullback in gold stock prices.
Not exact matches
Despite the recent
softness in data — the Citi
economic surprise index
for the eurozone is now at its lowest since June 2012 — markets remain stubbornly bullish on the euro with overall bets still near record highs as longer - term expectations remain optimistic.
Couple this
economic softness with the fact that just about any commodity you can think of from iron ore, to orange juice, to silver, to coffee, to copper is at or near a five year low and it becomes increasingly difficult to find any significant inflationary pressure and hence the imminent need
for a (small) rate increase.
While it will further boost
economic activity, the new tax law is expected to contribute to price
softness in some high - cost, high - tax markets now that deductions
for income and property taxes are capped at $ 10,000 per year.»