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May 17, 12 •
4214 Views •
Market Reviews •
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Following a positive start, U.S. stocks closed in the red for a fourth straight session on Wednesday, as investors weighed strong U.S. economic data against ongoing uncertainty about Greece’s political situation. The Dow Jones industrial average fell 33...
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May 16, 12 •
4120 Views •
Market Reviews •
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Markets traded with a negative bias again, with equities falling, the USD rallying, and commodities selling off. Bonds were fairly flat after yesterday’s rally. The Greek political parties have failed to form a coalition government and it seems as though...
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May 16, 12 •
4102 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold and Silver Review After The Asian Session
Unfavorable tertiary industry activity data from Japan coupled with decline in the country’s machinery orders and failure of talks to form a New Greek government led to rise in risk aversion in the global markets today. This resulted Asian markets to trade...
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May 15, 12 •
4440 Views •
Market Reviews •
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The Euro currency is a malady that condemns at least a generation of Greeks, Italians, Spaniards, Portuguese and Irish to the economic infirmary. In these nations, unemployment rates are now at their highest levels in recent decades, and there are few...
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May 14, 12 •
4569 Views •
Market Reviews •
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Global markets were in double jeopardy this week, with continuing weakening of economic fundamentals worldwide along with steadily falling gains from different asset classes. US markets made another toppled closing this week with sharp sell-off in the banking...
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May 11, 12 •
4325 Views •
Forex Precious Metals, Forex Trading Articles •
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The Asian equities are trading mixed while the equities might pair in slightly after better banking and economic outlook. However, the Chinese inflation release early morning came out in line with expectation and may indicate some easing in near term...
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May 11, 12 •
4434 Views •
Market Reviews •
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Economic Data for today After a mixed day on the eco data front on Thursday, with trade balances from around the globe and unemployment reports, today things quiet back down, the calendar is very thin, except for data from China, which is already coming in...
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May 10, 12 •
5958 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold Falls On Global Sentiment
Gold fell for a third day, touching a four-month low and virtually wiping out its gains for 2012 as an escalation in the euro zone debt crisis and political turmoil prompted investors to move to dollars and German government bonds as safe havens....
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May 10, 12 •
4691 Views •
Market Reviews •
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Economic Data for May 10 2012 The calendar has been thin all week; today kicks off with Australia Unemployment numbers and Chinese Manufacturing and Trade Balance and continues to Japan for current account data and trade balance. In Europe, we will see a lot...
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May 9, 12 •
6913 Views •
Market Reviews •
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Economic Events for May 9, 2012 for the European and US Markets Today’s eco calendar is virtually bear, with only some local and regional released, which will not have any market affects. The main events coming up are begin on the 10th, when things begin to...