Daily Market Update

U.S. Stocks Will Fall Sharply If There Is a Recession – Oxford Economics


◆ First, the good news from  — though it’s not great !
◆ Oxford Economics expects the global economy to stabilize in the first half of next year in a new forecast
◆  They predict low growth in U.S. stocks next year but a big drop if there’s a recession
 ◆ Weak productivity growth will limit the global economy, according to Oxford

Read the full MarketWatch article here…

NEWS and COMMENTARY

Gold slides to two-week low on hopes for thaw in trade feud

Poland Repatriates 100 Tons of Gold From Bank of England Storage

US-China ‘phase one’ deal is ‘hollow’ and ‘ridiculous,’ says Yale’s Stephen Roach

One region alone in Russia mines $1.9 BILLION-worth of gold in less than a year

Hong Kong markets jump as pro-democracy candidates surge to ‘stunning’ election victory

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GOLD PRICES (LBMA – USD, GBP & EUR – AM/ PM Fix)

25-Nov-19 1459.45 1458.40, 1133.41 1130.84 & 1325.33 1323.35
22-Nov-19 1471.30 1464.45, 1143.05 1140.22 & 1330.35 1326.06
19-Nov-19 1464.90 1468.45, 1132.37 1134.23 & 1323.68 1325.86
18-Nov-19 1458.40 1467.65, 1124.86 1132.59 & 1318.10 1325.88
15-Nov-19 1465.60 1466.90, 1138.04 1136.41 & 1329.59 1327.84
14-Nov-19 1467.65 1466.65, 1141.39 1142.52 & 1334.24 1333.18
13-Nov-19 1463.45 1462.90, 1138.86 1140.62 & 1328.23 1328.46
12-Nov-19 1455.00 1452.05, 1134.03 1130.42 & 1319.69 1318.17
11-Nov-19 1465.50 1458.70, 1144.41 1132.39 & 1328.33 1321.87
08-Nov-19 1466.85 1464.15, 1144.58 1142.62 & 1328.09 1328.13



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Mark O'Byrne
Executive Director

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