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Jul 12, 12 •
3724 Views •
Market Commentaries •
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Comments Off on Crude Oil and Natural Gas on a Sleepy Market Day
Currently, oil futures prices are trading above $85.90/bbl with a marginal gain from yesterday’s closing. A large decline in crude oil stocks in the last week has made this spike in oil prices on yesterday. However, on the other side economic concerns due...
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Jul 10, 12 •
3569 Views •
Market Commentaries •
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Comments Off on Energy Update
Currently oil futures prices are trading below $85/bbl with loss of more than 1.4 percent from yesterday’s closing. Oil prices have slipped from its high as import of its second largest consuming nation China have fallen by more than 15 percent in the month...
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Jul 10, 12 •
3027 Views •
Market Commentaries •
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Comments Off on Market Commentary – French Business Activity Shrinks or Stinks
French financial activity contracted slightly in 2Q and is unlikely to actually get better in the near term, the Bank of Spain estimated Monday, mentioning the results of its monthly company analysis. The central financial institution confirmed its preceding...
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Jul 6, 12 •
8578 Views •
Market Commentaries •
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Comments Off on The EUR/GBP overdoes it on International Bank Day
Yesterday should have been called International Central Bank Day, with the Peoples Bank of China, the European Central Bank and the Bank of England all making headlines. The EUR/GBP traded quite volatile in the run-up the policy decisions of the BOE and the...
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Jul 5, 12 •
5031 Views •
Market Commentaries •
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Comments Off on Sterling and Central Bank Decisions
Yesterday, on US Independence Day with US markets closed the, EUR/GBP trading developed in thin market conditions. The price action was mostly driven by technical considerations. The final services PMI in the EMU was less negative than expected. The UK...
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Jul 4, 12 •
9488 Views •
Market Commentaries •
admin
1 Comment
With US markets closed today for the Independence Day holiday, trading is expected to be light during the European session and then quiet the rest of the day. There is little in the way of eco data from around the globe. Commodity markets closed higher for...
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Jul 2, 12 •
7674 Views •
Market Commentaries •
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Comments Off on Commodities and Currencies Kick Off July
Chinese HSBC manufacturing contracted to the lowest level in the last seven months. Base metals surrendering part of its 4-percent gain, after data at the weekend showed a factory slump in Asia’s two biggest exporters, China and Japan, had deepened in...
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Jun 29, 12 •
5528 Views •
Market Commentaries •
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Comments Off on Energy and Metals Review
Gold fell to the lowest level in almost 4-weeks amid signs of slowing US growth while dollar gained on speculation that European Union leaders will struggle to solve the debt crisis. Gold has lost its safe haven title as investors begin to move into the risk...
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Jun 27, 12 •
6191 Views •
Market Commentaries •
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Comments Off on Crude Oil tumbles while Natural Gas soars
During early Asian session, oil futures prices are trading above $79.50/bbl with a marginal gain of 0.10 percent in electronic platform. As per American petroleum Institute, ( please note that the API inventory indicators have been wrong more than right in...
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Jun 26, 12 •
5452 Views •
Market Commentaries •
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Comments Off on US Natural Gas gets a lifeline from Japan
During early Asian session, oil futures prices are trading in a lower trend on concern of rising stock piles, where lower demand is expected from major oil consuming nations. Prevailing European debt crisis getting tough day by day as partial solutions are...
