Recent indicators suggest a decrease in the risk of recession. The 'Macro Fever Curve' has dropped from 100% to 86%, and the 'Heart Beat' has fallen from 83% to 74%. This has implications for trading in precious metals, particularly with the difference in activity between Shanghai and London/Chicago. Chinese investors have reduced their buying frenzy, while Western investors seem to be quietly increasing their asset holdings, possibly indicating short covering.

Learn about the latest changes in global commodity trends and recession risks and how these shifts are impacting trading in precious metals in various markets.