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Jul 27, 12 •
5278 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold Up on Draghi – Down on US GDP Today
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...
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Jul 26, 12 •
5456 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold and Other Metals
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...
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Jul 24, 12 •
5028 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Metals Weighed Down With No Hope Today
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...
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Jul 23, 12 •
5022 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Greece and Spain Spell Disaster for Metals and Gold
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...
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Jul 22, 12 •
4809 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold Wanders Directionless
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...
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Jul 18, 12 •
5026 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold Declines after the Fed Testimony
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...
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Jul 16, 12 •
4935 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Is the Great British Pound Still Great
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...
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Jul 16, 12 •
4746 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Monday Morning Gold Kickoff
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...
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Jul 15, 12 •
5223 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold and Silver After Chinese Data
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...
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Jul 11, 12 •
4770 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold and the FOMC Minutes
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...
