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May 28, 12 •
5989 Views •
Market Reviews •
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Comments Off on Market Review May 28 2012
Much of the risk tone facing world markets will be set by the US economy. For the most part this will only happen toward the end of the week not only because US markets are closed for Memorial Day on Monday but also because a series of key reports will be...
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May 25, 12 •
7748 Views •
Market Reviews •
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Comments Off on Market Review May 25 2012
Equity markets were mixed today, with Asian indices trading lower following the release of a weak Chinese PMI, European markets bouncing back from yesterday’s swoon (despite weak PMI data that showed manufacturing contraction throughout the continent –...
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May 24, 12 •
5236 Views •
Market Reviews •
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Comments Off on Market Review May 24 2012
US markets displayed a notable move to the downside in morning trading on Wednesday due to continued worries about the financial situation in Europe, which came as European leaders held a closely watched summit in Brussels. However, stocks staged a...
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May 23, 12 •
5477 Views •
Market Reviews •
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Comments Off on Market Review May 23 2012
Concerns over Greece’s exit from the Euro Zone have come to the surface again and this has deteriorated risk appetite among investors. Although the Group of Eight (G8) leaders affirmed Greece’s status in the Euro Zone, former Greek Prime Minister Lucas...
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May 22, 12 •
3227 Views •
Market Commentaries •
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Comments Off on Gold And Crude Oil Review
Gold witnessed a mixed movement in yesterday’s trade and eventually closed in the red. Prices on the Comex June contract slipped 0.2 percent to $1588/oz despite dollar weakness and increased risk appetite. Movement in gold on Monday shows that investors...
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May 22, 12 •
7254 Views •
Market Reviews •
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Comments Off on Market Review May 22 2012
In the last session all leading American indices like Dow Jones Industrial Average, NASDAQ index and the S&P 500 (SPX) ended in green. Dow was up by 1.09% and closed at 12504; S&P 500 was gained by 1.60% at 1316. European indices ended mixed. FTSE was...
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May 21, 12 •
5640 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Greece Woes Weigh On Gold And Silver
Greece’s woes may continue to weigh on metal prices but, slight improvement in investor sentiments post G-8 has provided the “Euro” currency to gain 0.12 percent early morning and may continue in today’s session. The Dollar index has also weakened...
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May 21, 12 •
7383 Views •
Market Reviews •
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Comments Off on Market Review May 21 2012
While there are significant forms of data risk in European economies this week, the prime market risk will continue to be represented by Greek worries. To that effect, following this weekend’s G8 meeting at Camp David, expect the risk of more detailed...
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May 18, 12 •
4512 Views •
Market Reviews •
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Comments Off on Market Review May 18 2012
Asian markets are down on mounting uncertainty among Spanish banks and political havoc in Greece. Additionally, unfavorable economic data from the US also led to rise in risk aversion in the global markets. Moody’s Investors Service downgraded debt ratings...
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May 17, 12 •
3312 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Notes On The Asian Session
After four consecutive sessions of battering, Gold futures prices nudge higher at the early Globex by over half a percent amid optimism of the Fed minutes that intimated a several members support for additional monetary easing should the economic recovery...