GoldFix (private feed for gemselle@yahoo.fr)
Technology
Housekeeping: Good Morning.
CNBC Sends Some Love to Precious Metals, Bank Fears are back, Silver and Gold Rally,
Contents
* Current Prices
* Yesterday’s Activity
* Data Due
* News
* Markets/Metals Commentary
* Market Gameplan
* Attached: Soc Gen, ING
Yesterday’s Activity:
Bank Fears are Back
* Precious Metals- strong SVB style.. shorts spooked a little
* Oil- could not get out of its own way
* US equities- eke out a profit
* Bonds- stronger
* DX- softer
* Crypto- firmer
Week’s Data:
* MONDAY, FEB. 5 9:45 am S&P final U.S. services PMI Jan. 52.5 -- 52.9
* TUESDAY, FEB. 6 Fed speakers all day
* WEDNESDAY, FEB. 7 More speakers, Consumer credit
* THURSDAY, FEB. 8 8:30 am Initial jobless claims
* FRIDAY, FEB. 9 8:30 am CPI seasonal factor revisions
Full calendar
News:
News Links here
NOTABLE HEADLINES
* US House rejected the Republican-led effort to pass a standalone Israel aid bill without funds for Ukraine with the final vote at 250 to 180, which is short of the two-thirds majority required for the expedited procedure.
* Moody's downgraded New York Community Bancorp's (NYCB) long-term issuer rating to junk status of Ba2 and said most ratings remain on review for a further downgrade.
* Hang Seng and Shanghai Comp were mixed despite early momentum following the latest support efforts from China
GEOPOLITICS
* Hamas proposes 45 day phase where remains and bodies will be exchanged; proposes indirect talks with Israel in the first stage to end military operations and restore total calm, in document seen by Reuters.
* Hamas has proposed a 135-day truce which will be in three phases, via Al Arabiya.
* Saudi's Foreign Ministry said there will be no diplomatic relations with Israel without recognising an independent Palestinian state and ending Israeli aggression in Gaza,
Some headlines via NewSquawk
Market Gameplan (Charts):
* Gold-
* Silver-
* Oil-
* Stocks-
* BTC/ETH-
* Bonds -
Attached:
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