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Stock impact report

Gold dips on upbeat equities as investors await Trump speech [CNBC]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: CNBC
Gold dips on upbeat equities as investors await Trump speech An employee arranges one kilogram gold bars at the Perth Mint Refinery in Perth, Australia, on Aug. 9, 2018. Carla Gottgens | Bloomberg | Getty Images Gold fell on Tuesday to its lowest in more than three months on increased appetite for riskier assets as investors awaited a speech by U.S. President Donald Trump for cues on a trade deal with China. Spot gold U.S. gold futures "The problem for gold right now is (Treasury) yields have risen, the probability that the Federal Reserve will tighten (monetary policy) has dropped and the equities market has returned very well," said Bart Melek, head of commodity strategies at TD Securities. Any reduction in aggressive behaviour on the trade front would drive investors away from bullion, he said. World shares and benchmark government bond yields inched higher as investors awaited a speech by Trump on U.S. trade policy. "There is guarded optimism (in the market) and we are tilting to Show less Read more
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