GOLD: That’s more like it, suggesting the status quo will hold – for now, at least. Chart/Levels from Analyst, Nicole Elliott – Investors Chronicle

 

GOLD SHORT TERM TRADER: Tiny long at 1307; stop quite a bit below 1300. Target 1330.

GOLD POSITION TAKER: New long at 1320; stop below 1300. Target 1350.

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Upsetting the Apple card
To launch with Goldman Sachs

Yesterday the Wall Street Journal reported that Apple and Goldman Sachs are planning to jointly issue a new credit card, possibly as early as Q1 2019.
This would reinforce the iPhone maker’s services arm, where revenues grew 31 per cent in Q1 2018. Goldman has expanded into retail banking to offset tough times at its trading division.

Yesterday Mayor of London Sadiq Khan proposed a ban on junk food advertising in all Transport for London venues. In a Tweet he argued: ‘unhealthy food advertising aimed at children creates extra pressure…when it comes to choosing what to eat and drink’.

Financial Markets & Political Commentary

 

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