While the TD Securities commodity demand indicator has highlighted some improvement in broad commodity demand in recent weeks, the outlook for the red metal continues to be a muddy one. Key quotes “With lockdown measures lightening globally, the supply side appears to be recovering at a faster pace than the recovery in demand, which is weighing on prices in the near-term.” “A resurgence in US-China tensions creates some uncertainty that could keep discretionary capital on the sidelines for a while longer. But, with the Chinese NPC set to take place next week on May 22nd, there remains the potential for a positive surprise, particularly as infrastructure spending could be ramped up to fight the economic troubles in the Middle Kingdom.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin Cash Price Analysis: BCH/USD soars 4% to test $255 resistance FX Street 2 years While the TD Securities commodity demand indicator has highlighted some improvement in broad commodity demand in recent weeks, the outlook for the red metal continues to be a muddy one. Key quotes “With lockdown measures lightening globally, the supply side appears to be recovering at a faster pace than the recovery in demand, which is weighing on prices in the near-term.” “A resurgence in US-China tensions creates some uncertainty that could keep discretionary capital on the sidelines for a while longer. But, with the Chinese NPC set to take place next week on May 22nd, there remains the potential for… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
