Forex Precious Metals

On what was going to be a quiet Friday towards the end of the month, with month end data next week changed with simple words from ECB President Draghi, saying that the ECB would not sit idly by and allow the monetary union to collapse. With this, markets went ballistic risk went out the window […]

Today, base metals are trading down by 0.3 to 0.7 percent at LME electronic platform. Equities are slightly up after remaining mostly weak during the week; however, the economic developments remained weak with lower Chinese business confidence coupled with Japan. From the Eurozone, the bond yields have continued to surge with the Italian 10 year

Tuesday morning base metals are trading up by 0.2 to 0.7 percent at LME electronic platform after a slightly better PMI release from China coupled with short covering. However, the Asian equities have retreated due to weak economic developments. The Chinese private PMI was slightly below the 50 mark and provided slight optimism among market

Early Monday morning in Asian trading base metals are trading down by 0.3 to 1.1 percent at LME electronic platform. Equities have also retreated by 0.9 to 2 percent indicating the weakness among riskier assets in the day ahead. Post slight optimistic economic releases the markets have again turned back to the European sovereign debt

Friday morning base metals are trading down by 0.2 to 1.1 percent at LME electronic platform. The Asian equities were a tad weaker early morning, but were poised for their biggest weekly gains since January as strong US corporate earnings lifted the S & P index to two-month high. Japan’s copper shipments increased by a

In early Asian trading base metals are trading up by 0.1 to 0.3 percent at LME electronic platform. The Asian equities are trading mixed with the Chinese bourses mostly downside. Weak performance of riskier assets has been witnessed on the back of falling FDI investments and increased demand for safe-heavens. Further, today the Chinese property

At the end of the week The Great British Pound proved was the star performer. The EUR/GBP didn’t set a new correction low (contrary to what happened in EUR/USD) and even gained a few ticks from the reaction low. On Friday morning, expectations were for more consolidation as there was no high profile news on

On this first day of a new week, in the middle of the month, markets are expected to be fairly quiet; base metals are trading down by nearly 0.5 percent at LME electronic platform. The Asian equities are also trading mixed with the Chinese markets mostly edging down the negative territory. Due to “Marine Day”

After a see-saw moves yesterday, gold futures prices have now changed a little towards a positive note in electronic trading. The market is having a difficult time with economic releases which are not resilient enough for a sustainable retrieval; they are also not weak enough to call for additional stimulus according to the Fed officials.

This morning base metals are trading slightly up by 0.1 to 0.3 percent as investors closed positions and stuck to short-term strategies ahead of this week’s China GDP data, which may shed more light on the health of the World’s second largest economy. The Asian equities are also trading mixed as weak corporate earnings due