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SILVER TECHS

Bearish Risk Still Present

GOLD TECHS

Bearish Theme Remains Intact

WTI TECHS

(J1) Bull Trend Extends

BRENT TECHS

(K1) Clears $70.00

USDCAD TECHS

Still Looking For Gains

FED
MNI (Washington)
FED: Powell in Princeton talk says Fed is "not close to any limits" to what it
can do and still has the "authority to react" to economic damage from a second
wave of Covid-19. More worried about hit to confidence and a "significantly
longer" recovery if there's a second wave. 
- Inflation risks are to the downside, will see weak data for a while
- Balance sheet "can't go to infinity" but "I'm comfortable with where we are
now and the path we're on" and don't see risks to inflation or financial
stability 
MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com