Posts Tagged ‘gold’

  • Forex And Commodity Roundup

    Forex And Commodity Roundup

    Apr 11, 12 • 2513 Views • Market Commentaries Comments Off on Forex And Commodity Roundup

    European markets traded higher today after Alcoa (AA), the country’s largest aluminium Producer, posted an unexpected first quarter profit after orders increased. Alcoa climbed 6.2 percent in pre-market New York trading as aluminium climbed 1 percent from a...

  • China Trade Surplus April 11 2012

    Market Review April 11 2012

    Apr 11, 12 • 4429 Views • Market Reviews Comments Off on Market Review April 11 2012

    Economic events scheduled for today 02:30 | AUD Home Loans (MoM) | -3.5%   -1.2%   Home Loans record the change in the number of new loans granted for owner-occupied homes. It is a leading indicator of demand in the housing market. 13:15 | CAD Housing...

  • Market Review April 10 2012

    Apr 10, 12 • 3658 Views • Market Reviews Comments Off on Market Review April 10 2012

    Euro Dollar USD – U.S. Federal Reserve Beige Book, the Fed’s official assessment on economic conditions in the 12 Federal Reserve districts. Released exactly two weeks before the Fed’s next monetary policy meeting on April 24-25, the Beige...

  • Forex Precious Metals - Gold Continues To Shine

    Gold Continues To Shine On Back Of QEIII

    Apr 9, 12 • 4716 Views • Forex Precious Metals, Forex Trading Articles 1 Comment

    Gold gained more than 1/2% on Monday after disappointing and confusing US jobs data revived hopes for further monetary easing, while appetite for the metal was also boosted as China inflation spiked.  China’s inflation edged up in March as the...

  • US Job Creation March 2012

    Market Review April 9 2012

    Apr 9, 12 • 4835 Views • Market Reviews 1 Comment

    Euro Dollar The EUR will enter a renewed weakening phase as sizeable debt refinancing activity and alarming structural unemployment limits the euro zone’s ability to transition to a sustainable growth path following this year’s expected recession....

  • Forex Precious Metals - Gold Price Reality Check

    Gold Price Plunges To Reality

    Apr 5, 12 • 4491 Views • Forex Precious Metals, Forex Trading Articles Comments Off on Gold Price Plunges To Reality

    Gold has plunged to its lowest level in three months. Gold fell almost $US58 to $US1, 614 per ounce on Wednesday. It has declined 15% since September 2011, when it hit a peak of $US1, 907 The tumble brought a nasty day to the stock market – the Dow...

  • PMI April 5 2012

    Market Review April 5 2012

    Apr 5, 12 • 4734 Views • Market Reviews Comments Off on Market Review April 5 2012

    Remember April 6, 2012 is a holiday and most markets are closed. The US will release the Non Farms Payroll report on Friday. Many markets are closed on Monday also. Trading volume will be light today and on Monday. Euro Dollar USD- U.S. Non-Farm Payrolls and...

  • AUDUSD April 4 2012

    Market Review April 4 2012

    Apr 4, 12 • 4513 Views • Market Reviews Comments Off on Market Review April 4 2012

    Euro Dollar The euro is plunging after FOMC minutes showed that the Fed is not motivated at this time for any bond program or QE. The euro is trading for 1.323 down 0.68% in just a few minutes. Coming up in tomorrow’s US session: The Sterling Pound The...

  • Forex Market Commentaries - Gold On The Sidelines

    Gold Sitting On The Sidelines Ahead Of FOMC

    Apr 3, 12 • 5735 Views • Market Commentaries 2 Comments

    Gold futures are likely to edge higher this week in low volume trade, helped by a weaker dollar overseas, though prices could be weighed by poor demand as jewelers’ continue their protest against levies. A director at Commtrendz Research commented: The...

  • Market Review April 3 2012

    Apr 3, 12 • 4693 Views • Market Reviews Comments Off on Market Review April 3 2012

    Euro Dollar Today, the calendar is thin. In Europe, the Spanish Parliament will discuss the new 2012 budget. This might cause some euro negative headlines and analysis on the country. However, the situation of Spain is already well documented. So, the impact...