The United States draws a line in the sand regarding its trade policy, rejecting the anti-protectionist stance of other members at the G20 summit. In currency news, the Dollar gives up some of its recent gains in response to a softening of Fed Interest rate plans.
In Europe, populism has been pushed back in the Dutch election, and eyes turn towards the crucial French elections - the first round of which is expected to be held on April 23. In Britain, a firm date for Brexit's initiation has been set for March 29th. Talk about Scottish independence is likely to be deferred until after Brexit. The British Pound has bounced off resistance but remains low.
Precious metals regain lost ground for the month of March with the gold spot price hitting $1,236.80. Silver is at $17.52; platinum and palladium are at $969.90 and $779.60 respectively. The short-term outlook for metals will depend on what the U.S Fed does next.
