Sabtu, 09 November 2019

Scandinavian Wine? A Warming Climate Tempts Entrepreneurs - The New York Times

SKAERSOGAARD, Denmark — On a mild autumn morning, Sven Moesgaard climbed a sunbathed hill and inspected an undulating expanse of neatly planted vines. A picking crew was harvesting tons of hardy Solaris grapes that he would soon turn into thousands of bottles of crisp white and sparkling Danish wine.

A decade ago, winemaking was regarded as a losing proposition in these notoriously cool climes. But as global temperatures rise, a fledgling wine industry is growing from once-unlikely fields across Scandinavia, as entrepreneurs seek to turn a warming climate to their advantage.

“We’re looking for the opportunities in climate change,” said Mr. Moesgaard, the founder of Skaersogaard Vin, cradling a cluster of golden grapes. “In the coming decades, we’ll be growing more wine in Scandinavia while countries that have traditionally dominated the industry produce less.”

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Credit...Charlotte de la Fuente for The New York Times

Nordic vintners are betting that they can develop what were once mainly hobbyist ventures into thriving commercial operations. The dream is to transform Scandinavia into an essential global producer of white wines, which are beginning to flourish along Europe’s northern rim.

The growth has been rapid: Denmark now boasts 90 commercial vineyards, up from just two 15 years ago, and around 40 have sprung up in Sweden. Nearly a dozen vineyards are operating as far north as Norway.

But many are in the start-up stage and are tiny compared with established wineries in Europe, which has 10 million acres of vineyards — enough to cover almost all of Denmark. Producers in France, Italy and Spain own three-quarters of that land, dominating the European industry. By contrast, Denmark and Sweden have European Union approval to grow less than 1,000 acres of vineyards, and questions persist about quality and price.

“We’re still a drop in the bucket,” said Hans Münter, the head of the Danish Wine Association. “Right now, we don’t have the volume to evaluate if this is a good business or just a business.”

Yet in 50 years, Scandinavia’s climate is forecast to be more like northern France’s, as regional temperatures climb as much as 6 degrees Celsius. In the last decade alone, warming has produced milder winters, a longer growing season — and a small but rising number of award-winning wines.

“You’re seeing a natural progression of pioneers looking for cool climate limits for viticulture, and we will likely see more development,” said Gregory Jones, a climatologist who is the director of the Evenstad Center for Wine Education in Oregon. “Whether a strong vibrant industry will emerge, time will tell.”

Nordic vintners are emboldened to invest as they watch Southern European wine producers struggle with a more volatile climate. Grapes, including sensitive varieties used for white wine, burned on the vine this summer in parts of France, Spain and Italy as temperatures topped 105 degrees Fahrenheit.

Climatologists say the global wine map could be transformed by 2050. Dominant producing countries in Europe and Latin America, along with parts of California and Australia, may become too hot to grow grapes, while areas not traditionally known for winemaking — including China — take off.

Winemakers in France are experimenting with grapes from warmer countries like Tunisia to see if they can retain the blockbuster tastes and yields that generate billions of euros in worldwide sales. Spanish and Italian winemakers are planting higher on mountainsides or on shaded north-facing slopes to keep wine flavors recognizable.

But half a century from now, those regions may no longer be a safe haven, while the climate for growing in Denmark and neighboring countries may improve. Already, winemakers here are credited with creating white wines with crisp, structured flavors that are fading in southern climes where heat is reducing grape acidity.

“We’re trying to define the Nordic style of wine,” said Tom Christensen, who founded Dyrehoj Vingaard, Denmark’s largest winery, a decade ago with his sister, Betina Newberry. That includes investing in grape varieties with an acidic, fresh quality and an organic production without pesticides and sprays.

“People expect Nordic products to be cleaner,” he said.

The winery, on the lush Rosnaes peninsula, produces 50,000 bottles of premium white and sparkling wines, and he plans to expand. “If I had a Spanish vineyard, I’d hedge my bets by buying land here,” Mr. Christensen said. “In 20 years, you’d have a leading business in Europe.”

The hurdles are steep. Rising temperatures have improved growth conditions but are increasingly volatile, bringing acute heat one year and excess rain the next. That makes for uneven harvests. The amount of wine produced is still small, and most is consumed domestically, leaving little for export. Revenue from wine in Denmark, Norway and Sweden was an estimated €14 million this year, compared with €28 billion in France.

More wine will have to be produced for an industry to be sustainable, said Odd Wollberg, a winemaker in Norway. Mr. Wollberg, a former mechanic, and his wife took over the Lerkekasa Vingard winery, once considered Europe’s northernmost vineyard, in December from owners who planted vines a decade ago. Nearly a dozen other vineyards were established nearby in recent years.

So far, Mr. Wollberg has squeezed just 350 liters of wine from Riesling and other cool-weather grapes, and he is losing money. But volumes could surge with an improving climate, he said.

“If it gets warmer, we can produce more, and more wineries will open when people see that others have succeeded,” he said.

To capture consumers, though, the price must drop. Nordic wines average €30 to €40 ($33 to $44) a bottle because of labor costs that are triple those in France, Italy and Spain. Southern winemakers also get billions in European Union subsidies, which help them improve pricing and dominate the market. Denmark won European Union approval for winemaking only by promising to forgo subsidies.

Some experts say that the quality does not yet justify the cost, and that investments in grapes that will produce superior tastes in the Nordic climate are needed. At Fiskebaren, a bustling seafood restaurant in Copenhagen, only two out of nearly 300 wines offered are Danish.

“They’re improving, but they still have a ways to go,” said Frederik Kordt Lassen, the chief sommelier.

In Sweden, winemakers are looking to build business by refining the wine. “People now are just happy they can produce something drinkable,” said Sveneric Svensson, head of the Swedish Wine Association. Businesses are “focusing on optimizing the quality” by advancing vine management and winemaking techniques, he said.

Nordic vintners point to southern England, where a world-class sparkling wine industry has emerged around a warming climate. Companies including Taittinger of France have invested in land in Britain to hedge against the effect of temperature spikes in Champagne.

Mr. Moesgaard, who produces 20,000 bottles a year — including 6,000 bottles of bubbly — is betting that foreign wine houses will one day do the same in Denmark. His Don’s label, named after the Dons region where his vines are planted, won high ratings from the wine critic Robert Parker and at festivals in France and Germany — proof, he said, that quality is there.

Last year, the European Union approved 1,200 acres near his property to be labeled authentic terroir for producing distinctive wines. He purchased 185 acres of that land, which will allow him to double output, and is hoping that daring wine pioneers will cultivate the rest.

“It’s an investment in the future,” he said, eyeing a tract of rolling green hills quilted with vines.

The hills sloped toward a majestic fjord, where cows grazed on a grassy meadow and fishermen caught trout under gold-leafed birch trees. The land near the fjord was damp and muddy. But on the hills where his vines are planted, the soil was sandy with stones and no clay — good for growing grapes.

“We are going to produce wine where it was not possible before,” Mr. Moesgaard said. “No one can say they are happy about climate change,” he added. “But we should take advantage of the opportunities it brings.”

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https://www.nytimes.com/2019/11/09/business/wine-scandinavia-climate-change.html

2019-11-09 08:00:00Z
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Jumat, 08 November 2019

Canada unexpectedly loses 1,800 jobs, widely missing forecasts - Financial Post

OTTAWA — The Canadian job market stagnated unexpectedly in October, losing 1,800 net positions, while the unemployment rate remained at 5.5 per cent, Statistics Canada said on Friday, as employment declined in the manufacturing and construction sectors.

Analysts in a Reuters poll had forecast a gain of 15,900 jobs in October and an unemployment rate of 5.5 per cent. Wages for permanent employees rose by 4.4 per cent, Statscan said.

Canada lost 16,100 full-time positions last month, but gained 14,300 part-time jobs. The number of self-employed workers in October fell by 27,800.

The Canadian dollar weakened to a three-week low of $1.3232 to the U.S. dollar, or 75.57 cents U.S., after the jobs data was released.

“It definitely runs against the grain of very strong job gains we’ve seen through most of the past year,” said Doug Porter, chief economist at BMO Capital Markets, noting there was likely a “small, temporary boost” because of hiring tied to last month’s national election.

“We have to be cautious about reading too much into any one report, but it shows that the economy is not simply on a one-way trip north here,” Porter said.

Canada’s central bank, which has not moved since October 2018 even as its counterparts – including the U.S. Federal Reserve – have eased, held firm as expected last week, but left the door open to a possible future cut to help the economy weather the damaging effects of global trade conflicts. The Bank of Canada said it would monitor “the extent to which the global slowdown spreads beyond manufacturing and investment” going forward while watching domestic data.

“I don’t think one number will move the needle a whole lot at the Bank of Canada, but at the margin it’s a little bit more of a cautious signal,” Derek Holt, vice president of capital markets economics at Scotiabank, said of the jobs report.

Statscan said the services sector gained 39,000 jobs in October, with increases reported in public administration, as well as finance, real estate, insurance and rental leasing industries, while the goods-producing sectors saw a decline of 40,900 jobs on losses in manufacturing and construction.

The country’s manufacturing sector lost 23,100 jobs in October, mostly located in Ontario, while the construction sector lost 21,300 positions across five provinces, Statscan said.
In a separate release, Statistics Canada said the value of Canadian building permits dropped by a larger-than-expected 6.5 per cent in September to $8.3 billion because of declines in the residential sector.

© Thomson Reuters 2019



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November 08, 2019 at 10:49PM

Metro Vancouver transit dispute day 8: Trip cancellations reported across bus system - Global News

Metro Vancouver’s bus system began to see significant impacts due to transit worker job action on Friday.

TransLink reported trip cancellations on at least 25 routes as of Friday morning. You can find specific bus cancellation times here.

The union representing bus drivers, SeaBus operators and maintenance workers said there were more than 60 route segments affected.

READ MORE: Metro Vancouver transit strike — Here’s how your commute may be affected

“Our leadership is telling me that there are 64 segments of routes cancelled out of Vancouver, and we think that there are more going to be across the system,” said Unifor western director Gavin McGarrigle.

“So that will lead to frequency disruptions. And, you know, people aren’t going to have the same access to bus services they had before this dispute.”

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LISTEN: Unifor director, CMBC president join Jon McComb with update on transit job action

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Sixteen SeaBus sailings were also cancelled on Friday.

The cancellations are related to job action by maintenance workers who are refusing to work overtime.

Both Unifor and the Coast Mountain Bus Company (CMBC) had previously warned that the overtime ban would eventually lead to trip cancellations as maintenance piled up and buses were taken off the road.

Keith Baldrey on B.C. labour disputes
Keith Baldrey on B.C. labour disputes

“Coast Mountain Bus Company is making every effort to ensure reliable service, but the union’s job action will continue to have impacts on the system,” a TransLink spokesperson said in a statement.

SkyTrain is not affected by the contract dispute.

READ MORE: Metro Vancouver transit strike Day 7: SeaBus sailings cancelled, bus runs reduced

To this point, job action has been limited to the overtime ban and a uniform ban for bus drivers.

McGarrigle said the union would not escalate job action further until after Remembrance Day at least.

Transit strike now impacting bus service
Transit strike now impacting bus service

“But as this drags out, we’re into our second week now, escalations are certainly likely,” he said.

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Unifor locals 2200 and 111 represent about 5,000 bus drivers, SeaBus operators and maintenance workers who have been without a contract since the end of March.

CMBC is urging transit workers to come back to the bargaining table.

READ MORE: Metro Vancouver transit strike: More SeaBus cancellations Wednesday, potential bus service disruptions

“Our existing offer already gives bus operators and maintenance trade workers a larger wage settlement than other public sector workers, enhanced benefits, and addresses working conditions for bus operators,” said CMBC president Michael McDaniel on Thursday.

“The union has made no attempt to find common ground and have stuck with their $608 million demand that equals the cost of all recently-approved bus service expansion and improvements.”

McDaniel said Friday that the employer was also willing to talk about improving working conditions.

More SeaBus sailings cancelled due to transit strike
More SeaBus sailings cancelled due to transit strike

But in a sign that the contract dispute could drag on for some time, the union says it won’t return to the table until the company is willing to talk about wages.

“The company is out there in the media saying they want to get to negotiations, they want to have a mediator, they got in touch and said they were prepared to talk about working conditions,” said McGarrigle.

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READ MORE: Bus company head says pay cut would not help end Metro Vancouver transit strike

“But they are not prepared to talk about why Toronto transit workers are paid so much more, they’re not prepared to talk about why SkyTrain skilled trades workers are paid more. So until they give us a signal that they are prepared to discuss the key issues, we don’t see the point in negotiations.”

Earlier this week, B.C. Premier John Horgan said the province would not intervene in the dispute, but he vowed Thursday he wouldn’t let the strike drag on for months like in 2001.

© 2019 Global News, a division of Corus Entertainment Inc.



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November 09, 2019 at 12:07AM

Tolko confirms Kelowna mill closure is permanent - Kelowna News - Castanet.net

UPDATE: 11:30 a.m.

Officials with Tolko have confirmed its Kelowna mill operation will shut down permanently Jan. 8.

In a news release, officials say the decision was made after carefully examining contributing factors such as log costs, market conditions and cumulative policy burden.

“At this time, our thoughts are with impacted employees in Kelowna,” says president and CEO Brad Thorlakson.

“This is a difficult decision. The Kelowna mill has been in operation since the 1930s and has contributed to the community through job creation and many other economic spinoffs for more than 80 years.

"The mill has always had an excellent team that produced a highly regarded quality stud for North American and export markets. It will always stand as an example of what can be accomplished when ingenuity and know-how come together for a common purpose.”

Thorlakson says employees have been informed of the decision and will soon be provided with information on what to expect in terms of severance and benefits.

Some employees may be offered positions at other Tolko sites that have vacancies.

“We want to thank everyone at Kelowna for their many years of dedication and support and assure them this decision was not easy for us to make and has nothing to do with the quality of work or the caliber of people at the mill," said Troy Connolly, vice-president of solid wood.

"The industry is facing many challenges that are beyond our control, and tough decisions are necessary to ensure our future sustainability.”

He added the decision to close the mill is not a reflection of the hard work put forth by the employees, but rather the cost of B.C. logs.

"The mill is no longer cost-competitive."

The mill has had numerous owners since it was constructed in 1932. Tolko purchased the mill from Riverside Forest Products in 2004.


ORIGINAL: 10:40 a.m.

Tolko's Kelowna sawmill will not be reopening.

An employee at the mill tells Castanet he received a call from the company saying the indefinite closure will become permanent as of January.

The closure affects more than 125 employees.

Tolko announced the indefinite closure Sept. 12, "due to continued high log costs and poor North American market conditions."

The company is expected to issue a statement later today.



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November 09, 2019 at 02:30AM

Varcoe: Aiming to create drilling jobs, province eases curtailment on new conventional oil wells - Calgary Herald

A oilfield worker on a rig near Drayton Valley. The Alberta government has lifted production quotas on new conventional oil wells. Postmedia Archives

As government-mandated oil curtailment drags on into a second year, it’s time to lift provincial quotas on conventional crude output, says Canada’s largest petroleum producer.

And the provincial government agrees, moving Friday to remove curtailment limits on new conventional oil wells.

Such a step should encourage more drilling in Alberta, allow companies to spend more to increase output and create additional work in the oilpatch, Tim McKay, president of Canadian Natural Resources, said Thursday.

“If you look at the volumes produced on the conventional side in Alberta … production is down roughly about 50,000 barrels per day,” McKay said in an interview after the company released third-quarter results.

“From my perspective, it would be nice to see, potentially, curtailment come off the conventional side of the business, so that we could drill more wells across Alberta …

“It creates jobs in places like Taber, and Bonnyville and Drayton Valley.”

On Friday, the province announced petroleum producers can immediately drill new conventional oil wells without facing government-mandated production quotas. Existing wells, however, will still be subject to curtailment limits.

The government said the decision will “drive positive investment, lead to increased drilling activity, and support economic growth in communities across Alberta.”

The call from the country’s largest petroleum producers — one of the earliest and most vocal supporters of provincial curtailment — arrives as the oilpatch heads into the winter drilling season.

The rationale for the idea, which won’t change quotas on oilsands production, is based on several factors, including ramping up conventional oil output as 225,000 barrels per day (bpd) of incremental transportation capacity out of Western Canada “is targeted to be added over the near term,” according to the company.

McKay cites increased pipeline capacity on Enbridge’s Line 3 system on the Canadian side of the border, which is expected to be available next month, as well as the planned optimization of the Express and TC Energy’s Keystone pipelines next year.

Canadian Natural’s stake in the North West Sturgeon Refinery will boost oil conversion capacity by 40,000 bpd for the company, once the long-delayed facility begins processing diluted bitumen.

Meanwhile, the amount of oil being exported by rail is likely headed higher in the coming months.

Crude-by-rail shipment could significantly increase after the province announced last week it would let companies facing provincial output quotas receive special production allowances, beginning in December — if they add incremental rail volumes.

The Kenney government is negotiating with companies that would see them take over Alberta’s own crude-by-rail contracts (signed by the former NDP government ) that are capable of moving another 120,000 bpd.

Alberta Premier Jason Kenney has said he is ‘open’ to letting oil producers exceed quotas if they boost rail shipments. David Paul Morris/Bloomberg

The central issue for the province is how to get more production, spending and employment going as curtailment continues into 2020, without triggering a steep price discount for Alberta oil because of too much output and not enough pipeline capacity.

The price differential between benchmark U.S. crude and Western Canadian Select heavy oil has widened recently, closing at US$22.24 a barrel on Wednesday, due to a leak on the Keystone pipeline in North Dakota last week.

Tristan Goodman of the Explorers and Producers Association of Canada said Thursday he’d support conversations about exempting conventional production from curtailment, so long as the oil price differential is preserved.

Recent news from the industry on the 2020 spending front hasn’t been encouraging.

McKay expects Canadian Natural’s capital spending in 2020 will likely be consistent with this year’s level of $3.8 billion.

“The way we see it today, it would be flattish because, with the uncertainty with the curtailments and pricing and such, I don’t see any real reason that we would change it up or down at this point,” he added.

According to provincial data, about 480,000 barrels of conventional oil per day were produced in September, with 90,000 bpd flowing from operators that have received curtailment orders.

“If you look at the conventional business, it’s a very good job creator in Alberta,” added McKay.

“I see there is an opportunity for the government to come off curtailment on the conventional side, stimulate the Alberta economy and create jobs.”

More drilling is critical for the oilfield services sector and there are already signs of smaller capital programs being deployed for 2020, which means less work and fewer jobs.

On Thursday, Seven Generations Energy said its capital program next year will be $1.1 billion, down $150 million — or 12 per cent — from 2019.

Tourmaline Oil Corp., which expects to spend $1.035 billion this year, approved a reduced capital budget of between $900 million and $925 million for next year. “That’s a function of continually improving capital efficiencies,” CEO Mike Rose said Thursday on a conference call.


In this week’s edition of Inside Alberta, Calgary Herald columnists Don Braid and Chris Varcoe speak about the possibility of an Alberta Pension Plan and the state of Alberta’s economy.


Last month, the Petroleum Services Association of Canada forecast only 4,500 oil and gas wells would be drilled across the country next year, a 10 per cent drop from 2019 levels.

“Today’s release of results by companies … would lead us to believe there isn’t going to be much optimism for the drilling year in 2020,” PSAC chief executive Gary Mar said Thursday.

Mark Scholz, head of the Canadian Association of Oilwell Drilling Contractors, said his members are concerned about reduced activity during the traditionally busy winter drilling season, noting every active rig employs 145 to 200 people.

The sector has seen direct and indirect employment tumble from about 96,000 jobs five years ago to around 34,000 this year.

The association would support the idea of removing curtailment limits on conventional production if it doesn’t significantly impact domestic oil prices, but Scholz believes other measures are needed to get more people working this winter.

“We may need a combination of (things) to save the 2020 drilling season,” he said.

“We have just lost so many people from our industry. Losing a winter drilling season is just going to compound that challenge and we’re trying to find ways to keep people engaged and our rigs warm.”

Chris Varcoe is a Calgary Herald columnist.

cvarcoe@postmedia.com



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November 08, 2019 at 09:23PM

Canada's National Housing Agency Thinks Toronto Is No Longer Overvalued - Better Dwelling

What housing affordability crisis? The latest Canada Mortgage and Housing Corporation (CMHC) Housing Market Assessment shows real estate is at a “moderate” level of risk. The ratings, were largely unchanged, but did include one surprise. Toronto and Hamilton, previously at high vulnerability, received downgrades to their risk. Generally, more risk is seen in real estate markets west of Ottawa. From Ottawa, heading east, all major markets are still in the clear, according to the agency.

The Housing Market Assessment

The Housing Market Assessment is a color coded (read: simplified) look at real estate.  The CMHC rates fundamentals using just three levels – low (green), medium (yellow), and high (red). Overheating and price acceleration only rank low or moderate. That is, overheating and price acceleration only exists, or it doesn’t. It’s totally binary, and there’s no degree. Besides those two, the rest of the market ranks in degrees of vulnerability.

Canadian Real Estate Is Moderately Vulnerable

Canadian real estate is displaying moderate signs of vulnerability in the latest report. The report for 2019 Q4 shows it holding the same moderate rank as last year. This follows ten quarters of a red, or “high,” degree of vulnerability. Overvaluation is the only key issue the housing agency readily sees in its models.

Canada’s National Housing Agency Thinks Toronto Is No Longer Overvalued - chart
Source: CMHC.

Toronto Real Estate Is Moderately Vulnerable

Toronto real estate has a “moderate” vulnerability rating – an improvement from high. Market activity is improving, there’s still overheating, and prices are accelerating. Overvaluation is easing though. Kind of silly, since they’re looking at the market from an aggregate perspective. Detached home prices increased just a few notches above inflation. However, condo prices increased nearly a whole year of wages for the median person in Toronto.

Vancouver Real Estate Is Moderately Vulnerable

Vancouver real estate maintained it’s “moderate” vulnerability rating. The market is overvalued, but the agency isn’t seeing overheating. Price acceleration has been low over the past year, because it’s been negative. Worth a mention that sales volumes have returned, and those negatives are shrinking.

Montreal Real Estate Has Low Levels of Vulnerability

Montreal, a hot market for investors recently, is demonstrating low levels of vulnerability. The agency notes that home prices are consistent with economic and demographic fundamentals. They also note the resale market is beginning to show signs of overheating. So far, it hasn’t registered on the color coded model yet.

Not a lot’s changed, except for the downgrades to Toronto and Hamilton real estate. Both markets continue to “overheating,” but somehow don’t show overvaluation. Major cities west of Ottawa continues to show moderate signs of vulnerability. Ottawa and East, continue to display few signs of vulnerability.

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November 08, 2019 at 11:06PM

Price of Gold Fundamental Daily Forecast - There's A Lot of Air Between $1465.00 and $1412.00, The Next Downside Target - FX Empire

Gold futures are trading lower on Friday as rising Treasury yields continue to offset the precious metal’s appeal as an investment. Let’s face it, gold is an investment that doesn’t pay interest or a dividend to hold. So why buy it when yields are rising? That’s what investors are saying at this time.

At 12:34 GMT, December Comex gold is trading $1457.60, down $8.80 or -0.58%.

Gold is currently in a position to post its worst weekly loss since May 2017. The selling pressure represents a major shift in investor sentiment, which could lead to a test of its August 1 low of $1412.10.

Why did we pick August 1? Because that’s the day that U.S. 10-year Treasury yields hit a 2.06 percent yield, the highest level in more than three months. It was a big day for the USD/JPY also. It hit a high of 109.317 that day before plunging to 104.463 on August 26.

Do you see the connections? The 10-year Treasury Note bottomed on August 1 along with gold and the Japanese yen. At that time, it was the fear of a recession driving the price action. Furthermore, the Fed just made the first of its three rate cuts on July 31.

Now that the Fed has announced its “mini-rate cut” cycle is over and other major central banks have signaled that their easing phases are probably over, there is no longer the fear of a recession in the market and therefore, no reason to own gold as protection.

Based on this assessment, it stands to reason that gold will continue to weaken over the short-run with its August 1 bottom at $1412.10 the primary downside target. If it reaches this level then the aforementioned markets will be in sync until another force comes along to drive the price action.

Daily Forecast

I wouldn’t say gold is bearish, but I do think it’s overpriced relative to T-Notes and the Japanese Yen. So I’m looking for further downside action.

The key story driving the price action is the easing of tensions between the U.S. and China. Barring a few snags along the way, a deal is expected to be completed although no one knows when or where the agreement will be signed.

Of course, at this time, no one is taking protection against a collapse in the trade talks, which is why the markets are moving smoothly and trending. A breakdown in talks will certainly shock the markets, but this is the only reason why gold prices could rally over the near-term. As long as the U.S. and China continue to work towards a trade deal and yields continue to rise, there is no compelling reason to buy gold. If you do feel inclined to buy gold then wait until it hits a value area between at least $1412.10 and $1396.40.

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https://www.fxempire.com/forecasts/article/price-of-gold-fundamental-daily-forecast-theres-a-lot-of-air-between-1465-00-and-1412-00-the-next-downside-target-611455

2019-11-08 13:06:51Z
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