Buffett bought a stake in miner Barrick Gold
Warren Buffett has famously disparaged gold but evidently he’s had a change of heart.
According to a Q2 13F filed today, The Oracle of Omaha added 20.9 million shares of Barrick Gold, which is the world’s second largest gold miner. He paid $563.5 million for the stake, which equates

Forex news for North American trading on August 14, 2020
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In other markets:
– Spot gold is down $8.90 or 0.46% $1944.86
– Spot silver is down $1.02 or 3.73% $26.48
In the US debt market today, yields are ending the day mixed. The 30 year bond still has some digestive problems it seems after the bad auction yesterday. It is up by 1.8

Major indices close mixed
A quiet trading session for US stocks. The major indices close mixed. The NASDAQ closed lower for the 1st time in 3 sessions. The S&P index was unchanged. The Dow is up.  For the week, the major indices closed higher, but the NASDAQ was just barely higher.

Texas coronavirus cases
– cases rise by 7018 vs. 6755 yesterday
– deaths rise by 313 to a total of 9602
– hospitalizations fall by -247 to 6632

Forex news from the European trading session – 14 August 2020
Headlines:
Markets:
– GBP leads, NZD lags on the day
– European equities lower; E-minis down 0.2%

The European Commission announces in a statement
The bloc also says that there is also an added option to purchase 100 million more doses of the vaccine, on behalf of EU member states, once the vaccine has proven to be safe and effective. The full statement can be found .

Comments by the Chinese central bank
The PBOC offers these remarks from time to time to appease market participants and continue to keep the image that its currency market is „fair game“. Nothing really new here but it just reaffirms that there are no changes to the narrative.

That is a day later than the initial plans
This, according to Reuters citing three OPEC+ sources on the matter. There were already rumours about this from yesterday, so this just adds credence to that.

EUR/USD slips to a session low of 1.1782, nears the 100-hour moving average
The dollar is keeping a little firmer on the session as it maintains slight gains against the likes of the euro, franc, loonie, aussie and kiwi currently. EUR/USD is seen slipping to a session low of 1.1782 and nears a test of the

Forex news from the European trading session – 13 August 2020
Headlines:
Markets:
– GBP leads, NZD lags on the day
– European equities a little lower; E-minis down 0.1%