Month: June 2019

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Gold prices end $5 short of the $1,418.70 highs scored on Tuesday. Gold futures scored their biggest monthly percentage gain in three years. Gold ended the New York session at 1409, virtually flat on the day having travelled between $1,405.86 and $1,424.64. However, gold futures scored their biggest monthly percentage gain in three years, moving just
June usually isn’t a great month to buy stocks Changes for the S&P 500: Daily +0.6% (+17 points to 2941) Monthly +6.9% Quarterly +3.8% All the US indexes performed roughly in-line over the month, with gains around 7% and slight outperformance in the Nasdaq (+7.4%). This was really about the reversal of the Mexican tariffs.
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Assessing the Bank of Canada’s Business Outlook Survey (BOS) for the second quarter, TD Securities macro strategist Robert Both said it was surprisingly upbeat and added that it showed a strong increase in future sales expectations despite an increasingly murky global backdrop.  “The balance of opinion around business investment was unchanged at +20, and firms continue